This property might be a fair Long-Term investment with a projected 4.1% first-year return on $38,934 initial cash invested.
4.1%
Cash On Cash
7.79%
Cap Rate
1.22
DSCR
$1,634
Rent
$133
Cashflow
Cash Flow
$1,634 income − $1,501 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,934
Downpayment
20%
$37,080
Closing costs
1%
$1,854
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,634
Total Expenses
$1,501
Mortgage P&I
60%
$988
Property Taxes
1%
$22
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0