This property might be a fair Long-Term investment with a projected 1.62% first-year return on $39,879 initial cash invested.
1.62%
Cash On Cash
7.36%
Cap Rate
1.14
DSCR
$1,747
Rent
$54
Cashflow
Cash Flow
$1,747 income − $1,693 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,747
Total Expenses
$1,693
Mortgage P&I
59%
$1,024
Property Taxes
9%
$149
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0