This property might be a fair Long-Term investment with a projected 0.38% first-year return on $44,436 initial cash invested.
0.38%
Cash On Cash
7.36%
Cap Rate
1.1
DSCR
$1,973
Rent
$14
Cashflow
Cash Flow
$1,973 income − $1,959 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,436
Downpayment
20%
$42,320
Closing costs
1%
$2,116
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,973
Total Expenses
$1,959
Mortgage P&I
60%
$1,184
Property Taxes
10%
$188
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0