This property might be a fair Long-Term investment with a projected 0.24% first-year return on $35,700 initial cash invested.
0.24%
Cash On Cash
7.37%
Cap Rate
1.11
DSCR
$1,892
Rent
$7
Cashflow
Cash Flow
$1,892 income − $1,885 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,892
Total Expenses
$1,885
Mortgage P&I
50%
$942
Property Taxes
21%
$390
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0