This property might be a fair Long-Term investment with a projected 1.55% first-year return on $44,079 initial cash invested.
1.55%
Cash On Cash
7.29%
Cap Rate
1.13
DSCR
$1,846
Rent
$57
Cashflow
Cash Flow
$1,846 income − $1,789 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,846
Total Expenses
$1,789
Mortgage P&I
61%
$1,126
Property Taxes
6%
$109
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0