This property might be a fair Long-Term investment with a projected 0.68% first-year return on $47,481 initial cash invested.
0.68%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$2,047
Rent
$27
Cashflow
Cash Flow
$2,047 income − $2,020 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,481
Downpayment
20%
$45,220
Closing costs
1%
$2,261
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,047
Total Expenses
$2,020
Mortgage P&I
60%
$1,238
Property Taxes
8%
$171
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0