This property might be a fair Long-Term investment with a projected 4.23% first-year return on $38,556 initial cash invested.
4.23%
Cash On Cash
8.25%
Cap Rate
1.26
DSCR
$2,477
Rent
$136
Cashflow
Cash Flow
$2,477 income − $2,341 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,556
Downpayment
20%
$36,720
Closing costs
1%
$1,836
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,477
Total Expenses
$2,341
Mortgage P&I
40%
$1,002
Property Taxes
25%
$629
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0