This property might be a fair Long-Term investment with a projected 3.17% first-year return on $37,884 initial cash invested.
3.17%
Cash On Cash
7.86%
Cap Rate
1.19
DSCR
$1,698
Rent
$100
Cashflow
Cash Flow
$1,698 income − $1,598 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,884
Downpayment
20%
$36,080
Closing costs
1%
$1,804
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,698
Total Expenses
$1,598
Mortgage P&I
59%
$997
Property Taxes
5%
$80
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0