This property might be a fair Long-Term investment with a projected 3.9% first-year return on $42,126 initial cash invested.
3.9%
Cash On Cash
7.74%
Cap Rate
1.23
DSCR
$2,075
Rent
$137
Cashflow
Cash Flow
$2,075 income − $1,938 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,126
Downpayment
20%
$40,120
Closing costs
1%
$2,006
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,075
Total Expenses
$1,938
Mortgage P&I
51%
$1,053
Property Taxes
14%
$285
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0