This property might be a fair Long-Term investment with a projected 0.28% first-year return on $38,325 initial cash invested.
0.28%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$1,657
Rent
$9
Cashflow
Cash Flow
$1,657 income − $1,648 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,325
Downpayment
20%
$36,500
Closing costs
1%
$1,825
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,657
Total Expenses
$1,648
Mortgage P&I
61%
$1,008
Property Taxes
9%
$145
Home Insurance
4%
$64
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0