This property might be a fair Long-Term investment with a projected 2.93% first-year return on $43,827 initial cash invested.
2.93%
Cash On Cash
7.75%
Cap Rate
1.2
DSCR
$2,310
Rent
$107
Cashflow
Cash Flow
$2,310 income − $2,203 expenses = $107 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,827
Downpayment
20%
$41,740
Closing costs
1%
$2,087
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,310
Total Expenses
$2,203
Mortgage P&I
49%
$1,125
Property Taxes
18%
$406
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0