This property might be a fair Long-Term investment with a projected 1.24% first-year return on $35,931 initial cash invested.
1.24%
Cash On Cash
7.2%
Cap Rate
1.12
DSCR
$1,442
Rent
$37
Cashflow
Cash Flow
$1,442 income − $1,405 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,931
Downpayment
20%
$34,220
Closing costs
1%
$1,711
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,442
Total Expenses
$1,405
Mortgage P&I
64%
$918
Property Taxes
3%
$38
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0