This property might be a fair Long-Term investment with a projected 0.15% first-year return on $46,536 initial cash invested.
0.15%
Cash On Cash
7.01%
Cap Rate
1.08
DSCR
$1,846
Rent
$6
Cashflow
Cash Flow
$1,846 income − $1,840 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,536
Downpayment
20%
$44,320
Closing costs
1%
$2,216
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,846
Total Expenses
$1,840
Mortgage P&I
65%
$1,197
Property Taxes
5%
$88
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0