This property might be a fair Long-Term investment with a projected 1.07% first-year return on $48,132 initial cash invested.
1.07%
Cash On Cash
6.88%
Cap Rate
1.13
DSCR
$2,134
Rent
$43
Cashflow
Cash Flow
$2,134 income − $2,091 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,132
Downpayment
20%
$45,840
Closing costs
1%
$2,292
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,134
Total Expenses
$2,091
Mortgage P&I
55%
$1,164
Property Taxes
15%
$315
Home Insurance
3%
$57
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0