This property might be a fair Long-Term investment with a projected 1.64% first-year return on $89,229 initial cash invested.
1.64%
Cash On Cash
7.47%
Cap Rate
1.14
DSCR
$4,202
Rent
$122
Cashflow
Cash Flow
$4,202 income − $4,080 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,229
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,202
Total Expenses
$4,080
Mortgage P&I
55%
$2,312
Property Taxes
8%
$323
Home Insurance
4%
$149
HOA
5%
$204
Property Management
10%
$420
CapEx
5%
$210
Vacancy
6%
$252
Maintenance
5%
$210
Other
0%
$0