This property might be a fair Long-Term investment with a projected 2.71% first-year return on $40,719 initial cash invested.
2.71%
Cash On Cash
7.79%
Cap Rate
1.17
DSCR
$1,763
Rent
$92
Cashflow
Cash Flow
$1,763 income − $1,671 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,719
Downpayment
20%
$38,780
Closing costs
1%
$1,939
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,763
Total Expenses
$1,671
Mortgage P&I
61%
$1,078
Property Taxes
3%
$55
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0