This property might be a fair Long-Term investment with a projected 5.61% first-year return on $41,496 initial cash invested.
5.61%
Cash On Cash
8.42%
Cap Rate
1.28
DSCR
$2,166
Rent
$194
Cashflow
Cash Flow
$2,166 income − $1,972 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,496
Downpayment
20%
$39,520
Closing costs
1%
$1,976
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,166
Total Expenses
$1,972
Mortgage P&I
50%
$1,085
Property Taxes
12%
$254
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0