This property might be a fair Long-Term investment with a projected 5.4% first-year return on $37,779 initial cash invested.
5.4%
Cash On Cash
8.39%
Cap Rate
1.27
DSCR
$1,875
Rent
$170
Cashflow
Cash Flow
$1,875 income − $1,705 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,875
Total Expenses
$1,705
Mortgage P&I
53%
$994
Property Taxes
9%
$160
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0