This property might be a fair Long-Term investment with a projected 1.42% first-year return on $38,850 initial cash invested.
1.42%
Cash On Cash
7.32%
Cap Rate
1.13
DSCR
$1,659
Rent
$46
Cashflow
Cash Flow
$1,659 income − $1,613 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,659
Total Expenses
$1,613
Mortgage P&I
60%
$1,000
Property Taxes
7%
$116
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0