This property might be a fair Long-Term investment with a projected 1.11% first-year return on $38,829 initial cash invested.
1.11%
Cash On Cash
7.32%
Cap Rate
1.13
DSCR
$1,797
Rent
$36
Cashflow
Cash Flow
$1,797 income − $1,761 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,797
Total Expenses
$1,761
Mortgage P&I
56%
$1,002
Property Taxes
13%
$226
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0