This property might be a fair Long-Term investment with a projected 5.98% first-year return on $39,900 initial cash invested.
5.98%
Cash On Cash
8.23%
Cap Rate
1.28
DSCR
$1,758
Rent
$199
Cashflow
Cash Flow
$1,758 income − $1,559 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,758
Total Expenses
$1,559
Mortgage P&I
58%
$1,016
Property Taxes
1%
$20
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0