This property might be a fair Long-Term investment with a projected 0.99% first-year return on $41,370 initial cash invested.
0.99%
Cash On Cash
7.41%
Cap Rate
1.12
DSCR
$1,997
Rent
$34
Cashflow
Cash Flow
$1,997 income − $1,963 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,997
Total Expenses
$1,963
Mortgage P&I
54%
$1,082
Property Taxes
14%
$284
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0