This property might be a fair Long-Term investment with a projected 1.86% first-year return on $38,052 initial cash invested.
1.86%
Cash On Cash
7.14%
Cap Rate
1.15
DSCR
$1,574
Rent
$59
Cashflow
Cash Flow
$1,574 income − $1,515 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,052
Downpayment
20%
$36,240
Closing costs
1%
$1,812
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,574
Total Expenses
$1,515
Mortgage P&I
60%
$940
Property Taxes
7%
$112
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0