This property might be a fair Long-Term investment with a projected 3.36% first-year return on $47,880 initial cash invested.
3.36%
Cash On Cash
8.33%
Cap Rate
1.22
DSCR
$3,019
Rent
$134
Cashflow
Cash Flow
$3,019 income − $2,885 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,880
Downpayment
20%
$45,600
Closing costs
1%
$2,280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,019
Total Expenses
$2,885
Mortgage P&I
43%
$1,298
Property Taxes
24%
$722
Home Insurance
3%
$80
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0