This property might be a fair Long-Term investment with a projected 2.5% first-year return on $43,764 initial cash invested.
2.5%
Cash On Cash
7.65%
Cap Rate
1.19
DSCR
$2,347
Rent
$91
Cashflow
Cash Flow
$2,347 income − $2,256 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,347
Total Expenses
$2,256
Mortgage P&I
48%
$1,120
Property Taxes
19%
$452
Home Insurance
3%
$74
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0