This property might be a fair Long-Term investment with a projected 4.17% first-year return on $41,979 initial cash invested.
4.17%
Cash On Cash
7.89%
Cap Rate
1.22
DSCR
$1,855
Rent
$146
Cashflow
Cash Flow
$1,855 income − $1,709 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,855
Total Expenses
$1,709
Mortgage P&I
58%
$1,076
Property Taxes
4%
$80
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0