This property might be a fair Long-Term investment with a projected 3.92% first-year return on $40,971 initial cash invested.
3.92%
Cash On Cash
8.19%
Cap Rate
1.21
DSCR
$2,013
Rent
$134
Cashflow
Cash Flow
$2,013 income − $1,879 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,971
Downpayment
20%
$39,020
Closing costs
1%
$1,951
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,013
Total Expenses
$1,879
Mortgage P&I
54%
$1,096
Property Taxes
9%
$191
Home Insurance
3%
$68
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0