This property might be a fair Long-Term investment with a projected 0.23% first-year return on $36,750 initial cash invested.
0.23%
Cash On Cash
7.36%
Cap Rate
1.11
DSCR
$1,923
Rent
$7
Cashflow
Cash Flow
$1,923 income − $1,916 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,923
Total Expenses
$1,916
Mortgage P&I
50%
$970
Property Taxes
20%
$386
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0