This property might be a fair Long-Term investment with a projected 1.7% first-year return on $38,829 initial cash invested.
1.7%
Cash On Cash
7.56%
Cap Rate
1.14
DSCR
$1,755
Rent
$55
Cashflow
Cash Flow
$1,755 income − $1,700 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,755
Total Expenses
$1,700
Mortgage P&I
58%
$1,022
Property Taxes
9%
$155
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0