This property might be a fair Long-Term investment with a projected 4.25% first-year return on $37,800 initial cash invested.
4.25%
Cash On Cash
8%
Cap Rate
1.23
DSCR
$1,809
Rent
$134
Cashflow
Cash Flow
$1,809 income − $1,675 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,809
Total Expenses
$1,675
Mortgage P&I
54%
$976
Property Taxes
9%
$166
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0