This property might be a fair Long-Term investment with a projected 7.06% first-year return on $39,102 initial cash invested.
7.06%
Cash On Cash
8.57%
Cap Rate
1.33
DSCR
$1,954
Rent
$230
Cashflow
Cash Flow
$1,954 income − $1,724 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,954
Total Expenses
$1,724
Mortgage P&I
51%
$1,002
Property Taxes
8%
$148
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0