This property might be a fair Long-Term investment with a projected 6.97% first-year return on $41,979 initial cash invested.
6.97%
Cash On Cash
8.26%
Cap Rate
1.32
DSCR
$1,834
Rent
$244
Cashflow
Cash Flow
$1,834 income − $1,590 expenses = $244 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,834
Total Expenses
$1,590
Mortgage P&I
57%
$1,040
Property Taxes
0%
$3
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0