This property might be a fair Long-Term investment with a projected 6.57% first-year return on $40,761 initial cash invested.
6.57%
Cash On Cash
8.57%
Cap Rate
1.31
DSCR
$2,018
Rent
$223
Cashflow
Cash Flow
$2,018 income − $1,795 expenses = $223 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,761
Downpayment
20%
$38,820
Closing costs
1%
$1,941
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,018
Total Expenses
$1,795
Mortgage P&I
53%
$1,062
Property Taxes
7%
$138
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0