This property might be a fair Long-Term investment with a projected 0.83% first-year return on $41,979 initial cash invested.
0.83%
Cash On Cash
7.29%
Cap Rate
1.13
DSCR
$2,185
Rent
$29
Cashflow
Cash Flow
$2,185 income − $2,156 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,185
Total Expenses
$2,156
Mortgage P&I
49%
$1,077
Property Taxes
20%
$442
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0