This property might be a fair Long-Term investment with a projected 3.92% first-year return on $36,078 initial cash invested.
3.92%
Cash On Cash
7.79%
Cap Rate
1.23
DSCR
$1,734
Rent
$118
Cashflow
Cash Flow
$1,734 income − $1,616 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,734
Total Expenses
$1,616
Mortgage P&I
52%
$910
Property Taxes
11%
$192
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0