This property might be a fair Long-Term investment with a projected 3.16% first-year return on $41,790 initial cash invested.
3.16%
Cash On Cash
7.59%
Cap Rate
1.19
DSCR
$1,741
Rent
$110
Cashflow
Cash Flow
$1,741 income − $1,631 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,741
Total Expenses
$1,631
Mortgage P&I
61%
$1,062
Property Taxes
3%
$47
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0