This property might be a fair Long-Term investment with a projected 2.36% first-year return on $38,640 initial cash invested.
2.36%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$1,653
Rent
$76
Cashflow
Cash Flow
$1,653 income − $1,577 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,640
Downpayment
20%
$36,800
Closing costs
1%
$1,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,653
Total Expenses
$1,577
Mortgage P&I
61%
$1,008
Property Taxes
5%
$75
Home Insurance
4%
$64
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0