This property might be a fair Long-Term investment with a projected 0.1% first-year return on $49,350 initial cash invested.
0.1%
Cash On Cash
7.25%
Cap Rate
1.07
DSCR
$1,907
Rent
$4
Cashflow
Cash Flow
$1,907 income − $1,903 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,907
Total Expenses
$1,903
Mortgage P&I
69%
$1,321
Property Taxes
0%
$5
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0