This property might be a fair Long-Term investment with a projected 2.23% first-year return on $39,900 initial cash invested.
2.23%
Cash On Cash
7.69%
Cap Rate
1.15
DSCR
$1,641
Rent
$74
Cashflow
Cash Flow
$1,641 income − $1,567 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,641
Total Expenses
$1,567
Mortgage P&I
65%
$1,061
Property Taxes
1%
$14
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0