This property might be a fair Long-Term investment with a projected 2.89% first-year return on $39,081 initial cash invested.
2.89%
Cash On Cash
8.01%
Cap Rate
1.18
DSCR
$1,913
Rent
$94
Cashflow
Cash Flow
$1,913 income − $1,819 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,081
Downpayment
20%
$37,220
Closing costs
1%
$1,861
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,913
Total Expenses
$1,819
Mortgage P&I
55%
$1,052
Property Taxes
11%
$209
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0