This property might be a fair Long-Term investment with a projected 1.16% first-year return on $38,325 initial cash invested.
1.16%
Cash On Cash
7.06%
Cap Rate
1.12
DSCR
$1,551
Rent
$37
Cashflow
Cash Flow
$1,551 income − $1,514 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,325
Downpayment
20%
$36,500
Closing costs
1%
$1,825
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,551
Total Expenses
$1,514
Mortgage P&I
62%
$959
Property Taxes
5%
$71
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0