This property might be a fair Long-Term investment with a projected 2.01% first-year return on $38,850 initial cash invested.
2.01%
Cash On Cash
7.23%
Cap Rate
1.16
DSCR
$1,732
Rent
$65
Cashflow
Cash Flow
$1,732 income − $1,667 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,732
Total Expenses
$1,667
Mortgage P&I
56%
$963
Property Taxes
11%
$188
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0