This property might be a fair Long-Term investment with a projected 5.11% first-year return on $35,679 initial cash invested.
5.11%
Cash On Cash
8.48%
Cap Rate
1.25
DSCR
$1,728
Rent
$152
Cashflow
Cash Flow
$1,728 income − $1,576 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,728
Total Expenses
$1,576
Mortgage P&I
56%
$963
Property Taxes
6%
$104
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0