This property might be a fair Long-Term investment with a projected 2.56% first-year return on $43,134 initial cash invested.
2.56%
Cash On Cash
7.83%
Cap Rate
1.17
DSCR
$2,129
Rent
$92
Cashflow
Cash Flow
$2,129 income − $2,037 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,134
Downpayment
20%
$41,080
Closing costs
1%
$2,054
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,129
Total Expenses
$2,037
Mortgage P&I
54%
$1,143
Property Taxes
12%
$266
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0