This property might be a fair Long-Term investment with a projected 3.92% first-year return on $39,501 initial cash invested.
3.92%
Cash On Cash
7.8%
Cap Rate
1.21
DSCR
$1,740
Rent
$129
Cashflow
Cash Flow
$1,740 income − $1,611 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,501
Downpayment
20%
$37,620
Closing costs
1%
$1,881
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$1,611
Mortgage P&I
58%
$1,007
Property Taxes
5%
$86
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0