This property might be a fair Long-Term investment with a projected 1.42% first-year return on $43,029 initial cash invested.
1.42%
Cash On Cash
7.47%
Cap Rate
1.12
DSCR
$1,794
Rent
$51
Cashflow
Cash Flow
$1,794 income − $1,743 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,794
Total Expenses
$1,743
Mortgage P&I
63%
$1,135
Property Taxes
4%
$69
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0