This property might be a fair Long-Term investment with a projected 0.93% first-year return on $36,057 initial cash invested.
0.93%
Cash On Cash
7.25%
Cap Rate
1.11
DSCR
$1,554
Rent
$28
Cashflow
Cash Flow
$1,554 income − $1,526 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,057
Downpayment
20%
$34,340
Closing costs
1%
$1,717
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,554
Total Expenses
$1,526
Mortgage P&I
60%
$931
Property Taxes
8%
$118
Home Insurance
5%
$73
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0