This property might be a fair Long-Term investment with a projected 7.69% first-year return on $40,740 initial cash invested.
7.69%
Cash On Cash
9.06%
Cap Rate
1.33
DSCR
$2,095
Rent
$261
Cashflow
Cash Flow
$2,095 income − $1,834 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,740
Downpayment
20%
$38,800
Closing costs
1%
$1,940
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,095
Total Expenses
$1,834
Mortgage P&I
52%
$1,098
Property Taxes
5%
$106
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0