This property might be a fair Long-Term investment with a projected 0.63% first-year return on $41,979 initial cash invested.
0.63%
Cash On Cash
7.29%
Cap Rate
1.1
DSCR
$1,807
Rent
$22
Cashflow
Cash Flow
$1,807 income − $1,785 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,807
Total Expenses
$1,785
Mortgage P&I
61%
$1,103
Property Taxes
8%
$143
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0