This property might be a fair Long-Term investment with a projected 3.45% first-year return on $45,927 initial cash invested.
3.45%
Cash On Cash
8.12%
Cap Rate
1.19
DSCR
$2,179
Rent
$132
Cashflow
Cash Flow
$2,179 income − $2,047 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,927
Downpayment
20%
$43,740
Closing costs
1%
$2,187
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,179
Total Expenses
$2,047
Mortgage P&I
57%
$1,239
Property Taxes
7%
$162
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0