This property might be a fair Long-Term investment with a projected 3.09% first-year return on $35,679 initial cash invested.
3.09%
Cash On Cash
7.68%
Cap Rate
1.19
DSCR
$1,609
Rent
$92
Cashflow
Cash Flow
$1,609 income − $1,517 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,609
Total Expenses
$1,517
Mortgage P&I
57%
$915
Property Taxes
8%
$124
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$97
Maintenance
5%
$80
Other
0%
$0