This property might be a fair Long-Term investment with a projected 2.38% first-year return on $38,241 initial cash invested.
2.38%
Cash On Cash
7.63%
Cap Rate
1.16
DSCR
$1,712
Rent
$76
Cashflow
Cash Flow
$1,712 income − $1,636 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,241
Downpayment
20%
$36,420
Closing costs
1%
$1,821
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,712
Total Expenses
$1,636
Mortgage P&I
58%
$996
Property Taxes
7%
$124
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0