This property might be a fair Long-Term investment with a projected 0.99% first-year return on $40,047 initial cash invested.
0.99%
Cash On Cash
7.5%
Cap Rate
1.11
DSCR
$1,759
Rent
$33
Cashflow
Cash Flow
$1,759 income − $1,726 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,047
Downpayment
20%
$38,140
Closing costs
1%
$1,907
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,759
Total Expenses
$1,726
Mortgage P&I
61%
$1,071
Property Taxes
7%
$129
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0