This property might be a fair Long-Term investment with a projected 1.65% first-year return on $45,045 initial cash invested.
1.65%
Cash On Cash
7.72%
Cap Rate
1.13
DSCR
$1,995
Rent
$62
Cashflow
Cash Flow
$1,995 income − $1,933 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,045
Downpayment
20%
$42,900
Closing costs
1%
$2,145
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,995
Total Expenses
$1,933
Mortgage P&I
61%
$1,218
Property Taxes
6%
$120
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0