This property might be a fair Long-Term investment with a projected 0.76% first-year return on $42,567 initial cash invested.
0.76%
Cash On Cash
7.25%
Cap Rate
1.11
DSCR
$1,827
Rent
$27
Cashflow
Cash Flow
$1,827 income − $1,800 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,567
Downpayment
20%
$40,540
Closing costs
1%
$2,027
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,827
Total Expenses
$1,800
Mortgage P&I
61%
$1,106
Property Taxes
8%
$147
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0