This property might be a fair Long-Term investment with a projected 6.1% first-year return on $36,582 initial cash invested.
6.1%
Cash On Cash
8.62%
Cap Rate
1.28
DSCR
$1,815
Rent
$186
Cashflow
Cash Flow
$1,815 income − $1,629 expenses = $186 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,582
Downpayment
20%
$34,840
Closing costs
1%
$1,742
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,815
Total Expenses
$1,629
Mortgage P&I
54%
$974
Property Taxes
7%
$120
Home Insurance
3%
$62
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0