This property might be a fair Long-Term investment with a projected 1.43% first-year return on $41,979 initial cash invested.
1.43%
Cash On Cash
7.35%
Cap Rate
1.13
DSCR
$1,888
Rent
$50
Cashflow
Cash Flow
$1,888 income − $1,838 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,888
Total Expenses
$1,838
Mortgage P&I
57%
$1,080
Property Taxes
10%
$198
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0