This property might be a fair Long-Term investment with a projected 1.62% first-year return on $42,924 initial cash invested.
1.62%
Cash On Cash
7.44%
Cap Rate
1.13
DSCR
$1,750
Rent
$58
Cashflow
Cash Flow
$1,750 income − $1,692 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,924
Downpayment
20%
$40,880
Closing costs
1%
$2,044
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$1,692
Mortgage P&I
64%
$1,121
Property Taxes
2%
$33
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0