This property might be a fair Long-Term investment with a projected 4.65% first-year return on $39,753 initial cash invested.
4.65%
Cash On Cash
8.19%
Cap Rate
1.27
DSCR
$2,363
Rent
$154
Cashflow
Cash Flow
$2,363 income − $2,209 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,753
Downpayment
20%
$37,860
Closing costs
1%
$1,893
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,363
Total Expenses
$2,209
Mortgage P&I
43%
$1,020
Property Taxes
22%
$509
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0