This property might be a fair Long-Term investment with a projected 1.7% first-year return on $46,725 initial cash invested.
1.7%
Cash On Cash
7.86%
Cap Rate
1.15
DSCR
$2,462
Rent
$66
Cashflow
Cash Flow
$2,462 income − $2,396 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,725
Downpayment
20%
$44,500
Closing costs
1%
$2,225
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,462
Total Expenses
$2,396
Mortgage P&I
52%
$1,269
Property Taxes
17%
$409
Home Insurance
3%
$78
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0