This property might be a fair Long-Term investment with a projected 2.39% first-year return on $39,186 initial cash invested.
2.39%
Cash On Cash
7.8%
Cap Rate
1.16
DSCR
$1,794
Rent
$78
Cashflow
Cash Flow
$1,794 income − $1,716 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,186
Downpayment
20%
$37,320
Closing costs
1%
$1,866
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,794
Total Expenses
$1,716
Mortgage P&I
58%
$1,045
Property Taxes
8%
$150
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0