This property might be a fair Long-Term investment with a projected 2.1% first-year return on $35,490 initial cash invested.
2.1%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$1,728
Rent
$62
Cashflow
Cash Flow
$1,728 income − $1,666 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,728
Total Expenses
$1,666
Mortgage P&I
54%
$934
Property Taxes
13%
$224
Home Insurance
3%
$59
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0