This property might be a fair Long-Term investment with a projected 8.88% first-year return on $40,950 initial cash invested.
8.88%
Cash On Cash
9.06%
Cap Rate
1.41
DSCR
$2,464
Rent
$303
Cashflow
Cash Flow
$2,464 income − $2,161 expenses = $303 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,464
Total Expenses
$2,161
Mortgage P&I
42%
$1,046
Property Taxes
16%
$405
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0