This property might be a fair Long-Term investment with a projected 6.22% first-year return on $42,273 initial cash invested.
6.22%
Cash On Cash
8.79%
Cap Rate
1.32
DSCR
$2,733
Rent
$219
Cashflow
Cash Flow
$2,733 income − $2,514 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,273
Downpayment
20%
$40,260
Closing costs
1%
$2,013
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,733
Total Expenses
$2,514
Mortgage P&I
41%
$1,118
Property Taxes
23%
$633
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0