This property might be a fair Long-Term investment with a projected 4.31% first-year return on $38,955 initial cash invested.
4.31%
Cash On Cash
8.29%
Cap Rate
1.22
DSCR
$1,817
Rent
$140
Cashflow
Cash Flow
$1,817 income − $1,677 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,955
Downpayment
20%
$37,100
Closing costs
1%
$1,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,817
Total Expenses
$1,677
Mortgage P&I
58%
$1,050
Property Taxes
3%
$63
Home Insurance
4%
$66
HOA
1%
$25
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0