This property might be a fair Long-Term investment with a projected 4.76% first-year return on $41,580 initial cash invested.
4.76%
Cash On Cash
7.95%
Cap Rate
1.26
DSCR
$2,041
Rent
$165
Cashflow
Cash Flow
$2,041 income − $1,876 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,580
Downpayment
20%
$39,600
Closing costs
1%
$1,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$1,876
Mortgage P&I
51%
$1,044
Property Taxes
11%
$223
Home Insurance
3%
$69
HOA
0%
$10
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0