This property might be a fair Long-Term investment with a projected 3.57% first-year return on $35,679 initial cash invested.
3.57%
Cash On Cash
8.02%
Cap Rate
1.23
DSCR
$2,106
Rent
$106
Cashflow
Cash Flow
$2,106 income − $2,000 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,106
Total Expenses
$2,000
Mortgage P&I
44%
$925
Property Taxes
22%
$468
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0