This property might be a fair Long-Term investment with a projected 3.9% first-year return on $39,039 initial cash invested.
3.9%
Cash On Cash
7.94%
Cap Rate
1.21
DSCR
$1,764
Rent
$127
Cashflow
Cash Flow
$1,764 income − $1,637 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,764
Total Expenses
$1,637
Mortgage P&I
58%
$1,015
Property Taxes
6%
$98
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0