This property might be a fair Long-Term investment with a projected 3.56% first-year return on $44,814 initial cash invested.
3.56%
Cash On Cash
7.9%
Cap Rate
1.2
DSCR
$1,963
Rent
$133
Cashflow
Cash Flow
$1,963 income − $1,830 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,814
Downpayment
20%
$42,680
Closing costs
1%
$2,134
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,963
Total Expenses
$1,830
Mortgage P&I
60%
$1,174
Property Taxes
4%
$69
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0