This property might be a fair Long-Term investment with a projected 3.34% first-year return on $37,779 initial cash invested.
3.34%
Cash On Cash
8.08%
Cap Rate
1.2
DSCR
$1,951
Rent
$105
Cashflow
Cash Flow
$1,951 income − $1,846 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,951
Total Expenses
$1,846
Mortgage P&I
52%
$1,008
Property Taxes
14%
$265
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0