This property might be a fair Long-Term investment with a projected 1.12% first-year return on $37,632 initial cash invested.
1.12%
Cash On Cash
7.44%
Cap Rate
1.12
DSCR
$1,662
Rent
$35
Cashflow
Cash Flow
$1,662 income − $1,627 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,632
Downpayment
20%
$35,840
Closing costs
1%
$1,792
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,662
Total Expenses
$1,627
Mortgage P&I
60%
$993
Property Taxes
8%
$139
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0