This property might be a fair Long-Term investment with a projected 2.94% first-year return on $44,016 initial cash invested.
2.94%
Cash On Cash
7.67%
Cap Rate
1.19
DSCR
$2,161
Rent
$108
Cashflow
Cash Flow
$2,161 income − $2,053 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,016
Downpayment
20%
$41,920
Closing costs
1%
$2,096
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,161
Total Expenses
$2,053
Mortgage P&I
52%
$1,123
Property Taxes
14%
$293
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0