This property might be a fair Long-Term investment with a projected 2.83% first-year return on $44,100 initial cash invested.
2.83%
Cash On Cash
7.98%
Cap Rate
1.17
DSCR
$2,059
Rent
$104
Cashflow
Cash Flow
$2,059 income − $1,955 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,059
Total Expenses
$1,955
Mortgage P&I
58%
$1,189
Property Taxes
8%
$156
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0