This property might be a fair Long-Term investment with a projected 4.26% first-year return on $45,108 initial cash invested.
4.26%
Cash On Cash
8.11%
Cap Rate
1.22
DSCR
$2,081
Rent
$160
Cashflow
Cash Flow
$2,081 income − $1,921 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,108
Downpayment
20%
$42,960
Closing costs
1%
$2,148
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,081
Total Expenses
$1,921
Mortgage P&I
57%
$1,187
Property Taxes
6%
$116
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0