This property might be a fair Long-Term investment with a projected 6.32% first-year return on $43,302 initial cash invested.
6.32%
Cash On Cash
8.61%
Cap Rate
1.29
DSCR
$2,146
Rent
$228
Cashflow
Cash Flow
$2,146 income − $1,918 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,302
Downpayment
20%
$41,240
Closing costs
1%
$2,062
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,146
Total Expenses
$1,918
Mortgage P&I
53%
$1,144
Property Taxes
7%
$155
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0