This property might be a fair Long-Term investment with a projected 2.1% first-year return on $38,850 initial cash invested.
2.1%
Cash On Cash
7.79%
Cap Rate
1.14
DSCR
$1,618
Rent
$68
Cashflow
Cash Flow
$1,618 income − $1,550 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,618
Total Expenses
$1,550
Mortgage P&I
65%
$1,052
Property Taxes
1%
$12
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0