This property might be a fair Long-Term investment with a projected 0.21% first-year return on $45,108 initial cash invested.
0.21%
Cash On Cash
7.27%
Cap Rate
1.1
DSCR
$2,130
Rent
$8
Cashflow
Cash Flow
$2,130 income − $2,122 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,108
Downpayment
20%
$42,960
Closing costs
1%
$2,148
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,130
Total Expenses
$2,122
Mortgage P&I
56%
$1,188
Property Taxes
15%
$313
Home Insurance
3%
$68
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0