This property might be a fair Long-Term investment with a projected 3.82% first-year return on $48,741 initial cash invested.
3.82%
Cash On Cash
8.01%
Cap Rate
1.21
DSCR
$2,233
Rent
$155
Cashflow
Cash Flow
$2,233 income − $2,078 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,741
Downpayment
20%
$46,420
Closing costs
1%
$2,321
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,233
Total Expenses
$2,078
Mortgage P&I
57%
$1,282
Property Taxes
6%
$131
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0