This property might be a fair Long-Term investment with a projected 4.28% first-year return on $45,129 initial cash invested.
4.28%
Cash On Cash
7.95%
Cap Rate
1.22
DSCR
$1,921
Rent
$161
Cashflow
Cash Flow
$1,921 income − $1,760 expenses = $161 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,921
Total Expenses
$1,760
Mortgage P&I
61%
$1,167
Property Taxes
1%
$19
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0