This property might be a fair Long-Term investment with a projected 0.6% first-year return on $41,979 initial cash invested.
0.6%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$2,293
Rent
$21
Cashflow
Cash Flow
$2,293 income − $2,272 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,293
Total Expenses
$2,272
Mortgage P&I
49%
$1,122
Property Taxes
21%
$483
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0