This property might be a fair Long-Term investment with a projected 1.93% first-year return on $36,750 initial cash invested.
1.93%
Cash On Cash
7.31%
Cap Rate
1.14
DSCR
$1,461
Rent
$59
Cashflow
Cash Flow
$1,461 income − $1,402 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,461
Total Expenses
$1,402
Mortgage P&I
64%
$934
Property Taxes
2%
$27
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0