This property might be a fair Long-Term investment with a projected 8.03% first-year return on $47,397 initial cash invested.
8.03%
Cash On Cash
8.57%
Cap Rate
1.38
DSCR
$2,483
Rent
$317
Cashflow
Cash Flow
$2,483 income − $2,166 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,397
Downpayment
20%
$45,140
Closing costs
1%
$2,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,483
Total Expenses
$2,166
Mortgage P&I
47%
$1,171
Property Taxes
11%
$270
Home Insurance
3%
$80
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0