This property might be a fair Long-Term investment with a projected 0.39% first-year return on $46,053 initial cash invested.
0.39%
Cash On Cash
7.09%
Cap Rate
1.1
DSCR
$1,952
Rent
$15
Cashflow
Cash Flow
$1,952 income − $1,937 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,053
Downpayment
20%
$43,860
Closing costs
1%
$2,193
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,952
Total Expenses
$1,937
Mortgage P&I
61%
$1,182
Property Taxes
8%
$163
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0