This property might be a fair Long-Term investment with a projected 3.64% first-year return on $39,585 initial cash invested.
3.64%
Cash On Cash
7.65%
Cap Rate
1.21
DSCR
$1,778
Rent
$120
Cashflow
Cash Flow
$1,778 income − $1,658 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,585
Downpayment
20%
$37,700
Closing costs
1%
$1,885
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,778
Total Expenses
$1,658
Mortgage P&I
56%
$993
Property Taxes
8%
$136
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0