This property might be a fair Long-Term investment with a projected 9.77% first-year return on $42,000 initial cash invested.
9.77%
Cash On Cash
9.28%
Cap Rate
1.41
DSCR
$2,153
Rent
$342
Cashflow
Cash Flow
$2,153 income − $1,811 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$1,811
Mortgage P&I
51%
$1,097
Property Taxes
4%
$84
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0