This property might be a fair Long-Term investment with a projected 2.11% first-year return on $37,590 initial cash invested.
2.11%
Cash On Cash
7.59%
Cap Rate
1.15
DSCR
$1,570
Rent
$66
Cashflow
Cash Flow
$1,570 income − $1,504 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,570
Total Expenses
$1,504
Mortgage P&I
63%
$988
Property Taxes
3%
$46
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0