This property might be a fair Long-Term investment with a projected 9.6% first-year return on $36,750 initial cash invested.
9.6%
Cash On Cash
9.02%
Cap Rate
1.42
DSCR
$1,953
Rent
$294
Cashflow
Cash Flow
$1,953 income − $1,659 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,953
Total Expenses
$1,659
Mortgage P&I
47%
$924
Property Taxes
9%
$166
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0