This property might be a fair Long-Term investment with a projected 0.18% first-year return on $46,830 initial cash invested.
0.18%
Cash On Cash
7.3%
Cap Rate
1.08
DSCR
$1,982
Rent
$7
Cashflow
Cash Flow
$1,982 income − $1,975 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,830
Downpayment
20%
$44,600
Closing costs
1%
$2,230
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,982
Total Expenses
$1,975
Mortgage P&I
63%
$1,250
Property Taxes
7%
$132
Home Insurance
4%
$78
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0