This property might be a fair Long-Term investment with a projected 5.85% first-year return on $41,265 initial cash invested.
5.85%
Cash On Cash
8.12%
Cap Rate
1.29
DSCR
$1,926
Rent
$201
Cashflow
Cash Flow
$1,926 income − $1,725 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,265
Downpayment
20%
$39,300
Closing costs
1%
$1,965
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,926
Total Expenses
$1,725
Mortgage P&I
54%
$1,033
Property Taxes
6%
$112
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0