This property might be a fair Long-Term investment with a projected 9.42% first-year return on $41,034 initial cash invested.
9.42%
Cash On Cash
9.36%
Cap Rate
1.39
DSCR
$2,127
Rent
$322
Cashflow
Cash Flow
$2,127 income − $1,805 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,034
Downpayment
20%
$39,080
Closing costs
1%
$1,954
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,127
Total Expenses
$1,805
Mortgage P&I
52%
$1,096
Property Taxes
4%
$86
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0