This property might be a fair Long-Term investment with a projected 9.56% first-year return on $39,039 initial cash invested.
9.56%
Cash On Cash
9.32%
Cap Rate
1.42
DSCR
$2,359
Rent
$311
Cashflow
Cash Flow
$2,359 income − $2,048 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,359
Total Expenses
$2,048
Mortgage P&I
43%
$1,015
Property Taxes
15%
$353
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0