This property might be a fair Long-Term investment with a projected 0.65% first-year return on $46,179 initial cash invested.
0.65%
Cash On Cash
7.03%
Cap Rate
1.13
DSCR
$2,457
Rent
$25
Cashflow
Cash Flow
$2,457 income − $2,432 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,179
Downpayment
20%
$43,980
Closing costs
1%
$2,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,457
Total Expenses
$2,432
Mortgage P&I
46%
$1,141
Property Taxes
23%
$575
Home Insurance
3%
$77
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0