This property might be a fair Long-Term investment with a projected 1.61% first-year return on $38,766 initial cash invested.
1.61%
Cash On Cash
7.42%
Cap Rate
1.15
DSCR
$1,886
Rent
$52
Cashflow
Cash Flow
$1,886 income − $1,834 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,766
Downpayment
20%
$36,920
Closing costs
1%
$1,846
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,886
Total Expenses
$1,834
Mortgage P&I
53%
$995
Property Taxes
15%
$283
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0