This property might be a fair Long-Term investment with a projected 4.67% first-year return on $36,750 initial cash invested.
4.67%
Cash On Cash
8.42%
Cap Rate
1.24
DSCR
$1,888
Rent
$143
Cashflow
Cash Flow
$1,888 income − $1,745 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,888
Total Expenses
$1,745
Mortgage P&I
52%
$991
Property Taxes
11%
$203
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0