This property might be a fair Long-Term investment with a projected 2.72% first-year return on $41,979 initial cash invested.
2.72%
Cash On Cash
7.65%
Cap Rate
1.18
DSCR
$1,897
Rent
$95
Cashflow
Cash Flow
$1,897 income − $1,802 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,897
Total Expenses
$1,802
Mortgage P&I
57%
$1,085
Property Taxes
8%
$153
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0