This property might be a fair Long-Term investment with a projected 8.71% first-year return on $44,373 initial cash invested.
8.71%
Cash On Cash
8.68%
Cap Rate
1.39
DSCR
$2,195
Rent
$322
Cashflow
Cash Flow
$2,195 income − $1,873 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,373
Downpayment
20%
$42,260
Closing costs
1%
$2,113
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,195
Total Expenses
$1,873
Mortgage P&I
50%
$1,096
Property Taxes
6%
$129
Home Insurance
3%
$76
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0