This property might be a fair Long-Term investment with a projected 1.3% first-year return on $45,255 initial cash invested.
1.3%
Cash On Cash
7.48%
Cap Rate
1.12
DSCR
$1,958
Rent
$49
Cashflow
Cash Flow
$1,958 income − $1,909 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,255
Downpayment
20%
$43,100
Closing costs
1%
$2,155
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,958
Total Expenses
$1,909
Mortgage P&I
61%
$1,197
Property Taxes
5%
$104
Home Insurance
5%
$99
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0