This property might be a fair Long-Term investment with a projected 2.68% first-year return on $43,029 initial cash invested.
2.68%
Cash On Cash
7.65%
Cap Rate
1.18
DSCR
$2,073
Rent
$96
Cashflow
Cash Flow
$2,073 income − $1,977 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,073
Total Expenses
$1,977
Mortgage P&I
53%
$1,106
Property Taxes
12%
$258
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0