This property might be a fair Long-Term investment with a projected 0.21% first-year return on $39,900 initial cash invested.
0.21%
Cash On Cash
6.95%
Cap Rate
1.08
DSCR
$1,536
Rent
$7
Cashflow
Cash Flow
$1,536 income − $1,529 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,536
Total Expenses
$1,529
Mortgage P&I
66%
$1,017
Property Taxes
3%
$46
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0