This property might be a fair Long-Term investment with a projected 2.14% first-year return on $41,979 initial cash invested.
2.14%
Cash On Cash
7.62%
Cap Rate
1.15
DSCR
$1,775
Rent
$75
Cashflow
Cash Flow
$1,775 income − $1,700 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,775
Total Expenses
$1,700
Mortgage P&I
62%
$1,105
Property Taxes
4%
$63
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0