This property might be a fair Long-Term investment with a projected 0.89% first-year return on $40,341 initial cash invested.
0.89%
Cash On Cash
7.56%
Cap Rate
1.11
DSCR
$1,843
Rent
$30
Cashflow
Cash Flow
$1,843 income − $1,813 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,341
Downpayment
20%
$38,420
Closing costs
1%
$1,921
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,843
Total Expenses
$1,813
Mortgage P&I
59%
$1,088
Property Taxes
10%
$178
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0