This property might be a fair Long-Term investment with a projected 0.49% first-year return on $46,221 initial cash invested.
0.49%
Cash On Cash
7.25%
Cap Rate
1.1
DSCR
$1,992
Rent
$19
Cashflow
Cash Flow
$1,992 income − $1,973 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,221
Downpayment
20%
$44,020
Closing costs
1%
$2,201
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,992
Total Expenses
$1,973
Mortgage P&I
61%
$1,211
Property Taxes
8%
$169
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0