This property might be a fair Long-Term investment with a projected 1.39% first-year return on $39,774 initial cash invested.
1.39%
Cash On Cash
7.64%
Cap Rate
1.13
DSCR
$1,937
Rent
$46
Cashflow
Cash Flow
$1,937 income − $1,891 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,774
Downpayment
20%
$37,880
Closing costs
1%
$1,894
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,937
Total Expenses
$1,891
Mortgage P&I
55%
$1,063
Property Taxes
14%
$272
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0