This property might be a fair Long-Term investment with a projected 0.65% first-year return on $40,698 initial cash invested.
0.65%
Cash On Cash
7.3%
Cap Rate
1.09
DSCR
$1,592
Rent
$22
Cashflow
Cash Flow
$1,592 income − $1,570 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,698
Downpayment
20%
$38,760
Closing costs
1%
$1,938
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,592
Total Expenses
$1,570
Mortgage P&I
68%
$1,077
Property Taxes
1%
$8
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0