This property might be a fair Long-Term investment with a projected 2.11% first-year return on $38,178 initial cash invested.
2.11%
Cash On Cash
7.5%
Cap Rate
1.15
DSCR
$1,589
Rent
$67
Cashflow
Cash Flow
$1,589 income − $1,522 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,178
Downpayment
20%
$36,360
Closing costs
1%
$1,818
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,589
Total Expenses
$1,522
Mortgage P&I
62%
$990
Property Taxes
1%
$22
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0