This property might be a fair Long-Term investment with a projected 0.88% first-year return on $37,968 initial cash invested.
0.88%
Cash On Cash
7.25%
Cap Rate
1.11
DSCR
$1,649
Rent
$28
Cashflow
Cash Flow
$1,649 income − $1,621 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,968
Downpayment
20%
$36,160
Closing costs
1%
$1,808
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,649
Total Expenses
$1,621
Mortgage P&I
60%
$982
Property Taxes
9%
$146
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0