This property might be a fair Long-Term investment with a projected 2.1% first-year return on $37,800 initial cash invested.
2.1%
Cash On Cash
7.65%
Cap Rate
1.14
DSCR
$1,544
Rent
$66
Cashflow
Cash Flow
$1,544 income − $1,478 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,544
Total Expenses
$1,478
Mortgage P&I
65%
$1,005
Property Taxes
1%
$9
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0