This property might be a fair Long-Term investment with a projected 3.14% first-year return on $40,950 initial cash invested.
3.14%
Cash On Cash
7.86%
Cap Rate
1.18
DSCR
$1,790
Rent
$107
Cashflow
Cash Flow
$1,790 income − $1,683 expenses = $107 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,790
Total Expenses
$1,683
Mortgage P&I
60%
$1,080
Property Taxes
3%
$62
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0