This property might be a fair Long-Term investment with a projected 0.23% first-year return on $36,183 initial cash invested.
0.23%
Cash On Cash
7.31%
Cap Rate
1.09
DSCR
$1,624
Rent
$7
Cashflow
Cash Flow
$1,624 income − $1,617 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,624
Total Expenses
$1,617
Mortgage P&I
59%
$962
Property Taxes
11%
$173
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0