This property might be a fair Long-Term investment with a projected 5.49% first-year return on $44,793 initial cash invested.
5.49%
Cash On Cash
8.23%
Cap Rate
1.27
DSCR
$2,156
Rent
$205
Cashflow
Cash Flow
$2,156 income − $1,951 expenses = $205 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,793
Downpayment
20%
$42,660
Closing costs
1%
$2,133
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,156
Total Expenses
$1,951
Mortgage P&I
53%
$1,150
Property Taxes
7%
$152
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0