This property might be a fair Long-Term investment with a projected 1.68% first-year return on $40,740 initial cash invested.
1.68%
Cash On Cash
7.27%
Cap Rate
1.14
DSCR
$1,810
Rent
$57
Cashflow
Cash Flow
$1,810 income − $1,753 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,740
Downpayment
20%
$38,800
Closing costs
1%
$1,940
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,810
Total Expenses
$1,753
Mortgage P&I
57%
$1,028
Property Taxes
11%
$192
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0