This property might be a fair Long-Term investment with a projected 6.58% first-year return on $41,013 initial cash invested.
6.58%
Cash On Cash
8.28%
Cap Rate
1.33
DSCR
$2,186
Rent
$225
Cashflow
Cash Flow
$2,186 income − $1,961 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,013
Downpayment
20%
$39,060
Closing costs
1%
$1,953
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,186
Total Expenses
$1,961
Mortgage P&I
46%
$1,013
Property Taxes
14%
$312
Home Insurance
3%
$68
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0