This property might be a fair Long-Term investment with a projected 3.48% first-year return on $37,275 initial cash invested.
3.48%
Cash On Cash
8.15%
Cap Rate
1.2
DSCR
$1,918
Rent
$108
Cashflow
Cash Flow
$1,918 income − $1,810 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,275
Downpayment
20%
$35,500
Closing costs
1%
$1,775
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,918
Total Expenses
$1,810
Mortgage P&I
52%
$1,001
Property Taxes
12%
$235
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0