This property might be a fair Long-Term investment with a projected 9.31% first-year return on $35,700 initial cash invested.
9.31%
Cash On Cash
9.08%
Cap Rate
1.41
DSCR
$1,908
Rent
$277
Cashflow
Cash Flow
$1,908 income − $1,631 expenses = $277 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,908
Total Expenses
$1,631
Mortgage P&I
48%
$915
Property Taxes
8%
$161
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0