This property might be a fair Long-Term investment with a projected 5.01% first-year return on $38,829 initial cash invested.
5.01%
Cash On Cash
8.34%
Cap Rate
1.25
DSCR
$1,876
Rent
$162
Cashflow
Cash Flow
$1,876 income − $1,714 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,876
Total Expenses
$1,714
Mortgage P&I
55%
$1,029
Property Taxes
7%
$131
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0