This property might be a fair Long-Term investment with a projected 4.36% first-year return on $44,604 initial cash invested.
4.36%
Cash On Cash
8.04%
Cap Rate
1.24
DSCR
$2,257
Rent
$162
Cashflow
Cash Flow
$2,257 income − $2,095 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,604
Downpayment
20%
$42,480
Closing costs
1%
$2,124
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,257
Total Expenses
$2,095
Mortgage P&I
51%
$1,148
Property Taxes
13%
$285
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0