This property might be a fair Long-Term investment with a projected 4.73% first-year return on $45,381 initial cash invested.
4.73%
Cash On Cash
7.94%
Cap Rate
1.24
DSCR
$2,010
Rent
$179
Cashflow
Cash Flow
$2,010 income − $1,831 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,381
Downpayment
20%
$43,220
Closing costs
1%
$2,161
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,010
Total Expenses
$1,831
Mortgage P&I
57%
$1,150
Property Taxes
2%
$37
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0