This property might be a fair Long-Term investment with a projected 2.76% first-year return on $37,800 initial cash invested.
2.76%
Cash On Cash
7.91%
Cap Rate
1.18
DSCR
$1,800
Rent
$87
Cashflow
Cash Flow
$1,800 income − $1,713 expenses = $87 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
$1,800
Total Expenses
$1,713
Mortgage P&I
56%
$1,009
Property Taxes
10%
$173
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0