This property might be a fair Long-Term investment with a projected 1.37% first-year return on $46,473 initial cash invested.
1.37%
Cash On Cash
7.33%
Cap Rate
1.13
DSCR
$2,093
Rent
$53
Cashflow
Cash Flow
$2,093 income − $2,040 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,473
Downpayment
20%
$44,260
Closing costs
1%
$2,213
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,093
Total Expenses
$2,040
Mortgage P&I
57%
$1,193
Property Taxes
11%
$228
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0