This property might be a fair Long-Term investment with a projected 5.74% first-year return on $45,150 initial cash invested.
5.74%
Cash On Cash
8.6%
Cap Rate
1.28
DSCR
$2,487
Rent
$216
Cashflow
Cash Flow
$2,487 income − $2,271 expenses = $216 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,487
Total Expenses
$2,271
Mortgage P&I
48%
$1,201
Property Taxes
14%
$349
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0