This property might be a fair Long-Term investment with a projected 1.18% first-year return on $42,798 initial cash invested.
1.18%
Cash On Cash
7.51%
Cap Rate
1.12
DSCR
$1,864
Rent
$42
Cashflow
Cash Flow
$1,864 income − $1,822 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,798
Downpayment
20%
$40,760
Closing costs
1%
$2,038
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,864
Total Expenses
$1,822
Mortgage P&I
61%
$1,140
Property Taxes
7%
$124
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0