This property might be a fair Long-Term investment with a projected 2.72% first-year return on $44,499 initial cash invested.
2.72%
Cash On Cash
7.49%
Cap Rate
1.17
DSCR
$1,880
Rent
$101
Cashflow
Cash Flow
$1,880 income − $1,779 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,499
Downpayment
20%
$42,380
Closing costs
1%
$2,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,880
Total Expenses
$1,779
Mortgage P&I
60%
$1,128
Property Taxes
5%
$85
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0