This property might be a fair Long-Term investment with a projected 0.03% first-year return on $35,700 initial cash invested.
0.03%
Cash On Cash
7.16%
Cap Rate
1.08
DSCR
$1,552
Rent
$1
Cashflow
Cash Flow
$1,552 income − $1,551 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,552
Total Expenses
$1,551
Mortgage P&I
60%
$936
Property Taxes
10%
$151
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0