This property might be a fair Long-Term investment with a projected 3.21% first-year return on $37,800 initial cash invested.
3.21%
Cash On Cash
7.69%
Cap Rate
1.2
DSCR
$1,880
Rent
$101
Cashflow
Cash Flow
$1,880 income − $1,779 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,880
Total Expenses
$1,779
Mortgage P&I
51%
$958
Property Taxes
14%
$269
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0