This property might be a fair Long-Term investment with a projected 3.22% first-year return on $38,745 initial cash invested.
3.22%
Cash On Cash
7.46%
Cap Rate
1.2
DSCR
$1,765
Rent
$104
Cashflow
Cash Flow
$1,765 income − $1,661 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,745
Downpayment
20%
$36,900
Closing costs
1%
$1,845
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,765
Total Expenses
$1,661
Mortgage P&I
54%
$955
Property Taxes
9%
$159
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0