This property might be a fair Long-Term investment with a projected 8.15% first-year return on $40,950 initial cash invested.
8.15%
Cash On Cash
8.58%
Cap Rate
1.36
DSCR
$1,889
Rent
$278
Cashflow
Cash Flow
$1,889 income − $1,611 expenses = $278 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,889
Total Expenses
$1,611
Mortgage P&I
54%
$1,023
Property Taxes
2%
$30
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0