This property might be a fair Long-Term investment with a projected 4.85% first-year return on $46,557 initial cash invested.
4.85%
Cash On Cash
7.92%
Cap Rate
1.25
DSCR
$2,029
Rent
$188
Cashflow
Cash Flow
$2,029 income − $1,841 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,557
Downpayment
20%
$44,340
Closing costs
1%
$2,217
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,029
Total Expenses
$1,841
Mortgage P&I
58%
$1,175
Property Taxes
3%
$60
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0