This property might be a fair Long-Term investment with a projected 0.41% first-year return on $46,599 initial cash invested.
0.41%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$1,909
Rent
$16
Cashflow
Cash Flow
$1,909 income − $1,893 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,599
Downpayment
20%
$44,380
Closing costs
1%
$2,219
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,909
Total Expenses
$1,893
Mortgage P&I
64%
$1,226
Property Taxes
5%
$92
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$115
Maintenance
5%
$95
Other
0%
$0