This property might be a fair Long-Term investment with a projected 4.22% first-year return on $40,677 initial cash invested.
4.22%
Cash On Cash
8.18%
Cap Rate
1.23
DSCR
$2,135
Rent
$143
Cashflow
Cash Flow
$2,135 income − $1,992 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,135
Total Expenses
$1,992
Mortgage P&I
50%
$1,070
Property Taxes
13%
$282
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0