This property might be a fair Long-Term investment with a projected 7.97% first-year return on $44,394 initial cash invested.
7.97%
Cash On Cash
9.02%
Cap Rate
1.36
DSCR
$2,528
Rent
$295
Cashflow
Cash Flow
$2,528 income − $2,233 expenses = $295 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,394
Downpayment
20%
$42,280
Closing costs
1%
$2,114
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,528
Total Expenses
$2,233
Mortgage P&I
46%
$1,168
Property Taxes
14%
$345
Home Insurance
2%
$63
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0