This property might be a fair Long-Term investment with a projected 2.83% first-year return on $37,798 initial cash invested.
2.83%
Cash On Cash
7.88%
Cap Rate
1.19
DSCR
$1,947
Rent
$89
Cashflow
Cash Flow
$1,947 income − $1,858 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,798
Downpayment
20%
$35,998
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,947
Total Expenses
$1,858
Mortgage P&I
51%
$996
Property Taxes
15%
$293
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0