This property might be a fair Long-Term investment with a projected 2.69% first-year return on $42,840 initial cash invested.
2.69%
Cash On Cash
7.68%
Cap Rate
1.17
DSCR
$1,895
Rent
$96
Cashflow
Cash Flow
$1,895 income − $1,799 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,840
Downpayment
20%
$40,800
Closing costs
1%
$2,040
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,895
Total Expenses
$1,799
Mortgage P&I
59%
$1,114
Property Taxes
6%
$121
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0