This property might be a fair Long-Term investment with a projected 0.3% first-year return on $48,279 initial cash invested.
0.3%
Cash On Cash
7.28%
Cap Rate
1.09
DSCR
$2,018
Rent
$12
Cashflow
Cash Flow
$2,018 income − $2,006 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,018
Total Expenses
$2,006
Mortgage P&I
64%
$1,282
Property Taxes
6%
$119
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0