This property might be a fair Long-Term investment with a projected 4.17% first-year return on $38,808 initial cash invested.
4.17%
Cash On Cash
8.14%
Cap Rate
1.22
DSCR
$1,761
Rent
$135
Cashflow
Cash Flow
$1,761 income − $1,626 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,808
Downpayment
20%
$36,960
Closing costs
1%
$1,848
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,761
Total Expenses
$1,626
Mortgage P&I
58%
$1,030
Property Taxes
1%
$16
Home Insurance
4%
$66
HOA
3%
$56
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0