This property might be a fair Long-Term investment with a projected 2.19% first-year return on $45,528 initial cash invested.
2.19%
Cash On Cash
7.39%
Cap Rate
1.16
DSCR
$1,970
Rent
$83
Cashflow
Cash Flow
$1,970 income − $1,887 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,528
Downpayment
20%
$43,360
Closing costs
1%
$2,168
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,970
Total Expenses
$1,887
Mortgage P&I
59%
$1,154
Property Taxes
7%
$145
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0