This property might be a fair Long-Term investment with a projected 9.99% first-year return on $41,097 initial cash invested.
9.99%
Cash On Cash
9.68%
Cap Rate
1.43
DSCR
$2,572
Rent
$342
Cashflow
Cash Flow
$2,572 income − $2,230 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,097
Downpayment
20%
$39,140
Closing costs
1%
$1,957
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,572
Total Expenses
$2,230
Mortgage P&I
43%
$1,107
Property Taxes
14%
$366
Home Insurance
3%
$88
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0