This property might be a fair Long-Term investment with a projected 4.98% first-year return on $40,929 initial cash invested.
4.98%
Cash On Cash
8.07%
Cap Rate
1.25
DSCR
$1,805
Rent
$170
Cashflow
Cash Flow
$1,805 income − $1,635 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,805
Total Expenses
$1,635
Mortgage P&I
58%
$1,050
Property Taxes
3%
$61
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0