This property might be a fair Long-Term investment with a projected 0.73% first-year return on $49,098 initial cash invested.
0.73%
Cash On Cash
6.88%
Cap Rate
1.1
DSCR
$1,938
Rent
$30
Cashflow
Cash Flow
$1,938 income − $1,908 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,098
Downpayment
20%
$46,760
Closing costs
1%
$2,338
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,938
Total Expenses
$1,908
Mortgage P&I
63%
$1,213
Property Taxes
6%
$109
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0