This property might be a fair Long-Term investment with a projected 1.1% first-year return on $42,378 initial cash invested.
1.1%
Cash On Cash
7.5%
Cap Rate
1.11
DSCR
$1,718
Rent
$39
Cashflow
Cash Flow
$1,718 income − $1,679 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,378
Downpayment
20%
$40,360
Closing costs
1%
$2,018
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,718
Total Expenses
$1,679
Mortgage P&I
66%
$1,137
Property Taxes
2%
$41
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0