This property might be a fair Long-Term investment with a projected 0.18% first-year return on $39,879 initial cash invested.
0.18%
Cash On Cash
7.24%
Cap Rate
1.08
DSCR
$1,542
Rent
$6
Cashflow
Cash Flow
$1,542 income − $1,536 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,542
Total Expenses
$1,536
Mortgage P&I
69%
$1,062
Property Taxes
0%
$7
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0