This property might be a fair Long-Term investment with a projected 1.04% first-year return on $46,137 initial cash invested.
1.04%
Cash On Cash
7.17%
Cap Rate
1.11
DSCR
$1,884
Rent
$40
Cashflow
Cash Flow
$1,884 income − $1,844 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,137
Downpayment
20%
$43,940
Closing costs
1%
$2,197
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,884
Total Expenses
$1,844
Mortgage P&I
63%
$1,178
Property Taxes
5%
$98
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0