This property might be a fair Long-Term investment with a projected 0.94% first-year return on $39,501 initial cash invested.
0.94%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$1,595
Rent
$31
Cashflow
Cash Flow
$1,595 income − $1,564 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,501
Downpayment
20%
$37,620
Closing costs
1%
$1,881
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,595
Total Expenses
$1,564
Mortgage P&I
64%
$1,022
Property Taxes
3%
$47
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0