This property might be a fair Long-Term investment with a projected 0.4% first-year return on $48,048 initial cash invested.
0.4%
Cash On Cash
7%
Cap Rate
1.09
DSCR
$1,925
Rent
$16
Cashflow
Cash Flow
$1,925 income − $1,909 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,048
Downpayment
20%
$45,760
Closing costs
1%
$2,288
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,925
Total Expenses
$1,909
Mortgage P&I
63%
$1,222
Property Taxes
5%
$105
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0