This property might be a fair Long-Term investment with a projected 1.47% first-year return on $36,624 initial cash invested.
1.47%
Cash On Cash
7.33%
Cap Rate
1.14
DSCR
$1,710
Rent
$45
Cashflow
Cash Flow
$1,710 income − $1,665 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,624
Downpayment
20%
$34,880
Closing costs
1%
$1,744
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,710
Total Expenses
$1,665
Mortgage P&I
55%
$934
Property Taxes
13%
$224
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0