This property might be a fair Long-Term investment with a projected 3.51% first-year return on $44,100 initial cash invested.
3.51%
Cash On Cash
8.13%
Cap Rate
1.2
DSCR
$2,071
Rent
$129
Cashflow
Cash Flow
$2,071 income − $1,942 expenses = $129 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
$2,071
Total Expenses
$1,942
Mortgage P&I
57%
$1,189
Property Taxes
7%
$140
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0