This property might be a fair Long-Term investment with a projected 4.23% first-year return on $40,026 initial cash invested.
4.23%
Cash On Cash
7.98%
Cap Rate
1.23
DSCR
$1,987
Rent
$141
Cashflow
Cash Flow
$1,987 income − $1,846 expenses = $141 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,026
Downpayment
20%
$38,120
Closing costs
1%
$1,906
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,987
Total Expenses
$1,846
Mortgage P&I
52%
$1,028
Property Taxes
12%
$234
Home Insurance
3%
$68
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0