This property might be a fair Long-Term investment with a projected 0.85% first-year return on $44,940 initial cash invested.
0.85%
Cash On Cash
7.01%
Cap Rate
1.11
DSCR
$1,881
Rent
$32
Cashflow
Cash Flow
$1,881 income − $1,849 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,940
Downpayment
20%
$42,800
Closing costs
1%
$2,140
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,881
Total Expenses
$1,849
Mortgage P&I
60%
$1,125
Property Taxes
8%
$158
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0