This property might be a fair Long-Term investment with a projected 9.11% first-year return on $35,679 initial cash invested.
9.11%
Cash On Cash
9.18%
Cap Rate
1.4
DSCR
$2,041
Rent
$271
Cashflow
Cash Flow
$2,041 income − $1,770 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$1,770
Mortgage P&I
45%
$927
Property Taxes
12%
$253
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0