This property might be a fair Long-Term investment with a projected 2.18% first-year return on $36,897 initial cash invested.
2.18%
Cash On Cash
7.73%
Cap Rate
1.17
DSCR
$1,885
Rent
$67
Cashflow
Cash Flow
$1,885 income − $1,818 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,897
Downpayment
20%
$35,140
Closing costs
1%
$1,757
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,885
Total Expenses
$1,818
Mortgage P&I
52%
$971
Property Taxes
17%
$323
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0