This property might be a fair Long-Term investment with a projected 5.97% first-year return on $36,582 initial cash invested.
5.97%
Cash On Cash
8.67%
Cap Rate
1.29
DSCR
$2,003
Rent
$182
Cashflow
Cash Flow
$2,003 income − $1,821 expenses = $182 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,582
Downpayment
20%
$34,840
Closing costs
1%
$1,742
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,003
Total Expenses
$1,821
Mortgage P&I
49%
$977
Property Taxes
13%
$261
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0