This property might be a fair Long-Term investment with a projected 4.47% first-year return on $39,690 initial cash invested.
4.47%
Cash On Cash
8.09%
Cap Rate
1.23
DSCR
$1,777
Rent
$148
Cashflow
Cash Flow
$1,777 income − $1,629 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,690
Downpayment
20%
$37,800
Closing costs
1%
$1,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$1,629
Mortgage P&I
58%
$1,037
Property Taxes
4%
$63
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0