This property might be a fair Long-Term investment with a projected 3.15% first-year return on $38,073 initial cash invested.
3.15%
Cash On Cash
7.9%
Cap Rate
1.18
DSCR
$1,693
Rent
$100
Cashflow
Cash Flow
$1,693 income − $1,593 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,073
Downpayment
20%
$36,260
Closing costs
1%
$1,813
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,693
Total Expenses
$1,593
Mortgage P&I
60%
$1,008
Property Taxes
4%
$67
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0