This property might be a fair Long-Term investment with a projected 5.05% first-year return on $40,845 initial cash invested.
5.05%
Cash On Cash
8.24%
Cap Rate
1.27
DSCR
$2,325
Rent
$172
Cashflow
Cash Flow
$2,325 income − $2,153 expenses = $172 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,325
Total Expenses
$2,153
Mortgage P&I
45%
$1,048
Property Taxes
19%
$431
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0