This property might be a fair Long-Term investment with a projected 6.54% first-year return on $36,162 initial cash invested.
6.54%
Cash On Cash
7.97%
Cap Rate
1.33
DSCR
$1,784
Rent
$197
Cashflow
Cash Flow
$1,784 income − $1,587 expenses = $197 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,162
Downpayment
20%
$34,440
Closing costs
1%
$1,722
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,784
Total Expenses
$1,587
Mortgage P&I
48%
$857
Property Taxes
10%
$171
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0