This property might be a fair Long-Term investment with a projected 1.97% first-year return on $45,738 initial cash invested.
1.97%
Cash On Cash
7.42%
Cap Rate
1.14
DSCR
$1,862
Rent
$75
Cashflow
Cash Flow
$1,862 income − $1,787 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,738
Downpayment
20%
$43,560
Closing costs
1%
$2,178
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,862
Total Expenses
$1,787
Mortgage P&I
63%
$1,179
Property Taxes
3%
$58
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0