This property might be a fair Long-Term investment with a projected 5.58% first-year return on $38,514 initial cash invested.
5.58%
Cash On Cash
8.88%
Cap Rate
1.3
DSCR
$2,709
Rent
$179
Cashflow
Cash Flow
$2,709 income − $2,530 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,514
Downpayment
20%
$36,680
Closing costs
1%
$1,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$2,530
Mortgage P&I
39%
$1,043
Property Taxes
27%
$719
Home Insurance
2%
$64
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0