This property might be a fair Long-Term investment with a projected 1% first-year return on $41,853 initial cash invested.
1%
Cash On Cash
7.58%
Cap Rate
1.12
DSCR
$1,891
Rent
$35
Cashflow
Cash Flow
$1,891 income − $1,856 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,853
Downpayment
20%
$39,860
Closing costs
1%
$1,993
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,891
Total Expenses
$1,856
Mortgage P&I
60%
$1,129
Property Taxes
7%
$128
Home Insurance
4%
$70
HOA
2%
$37
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$113
Maintenance
5%
$95
Other
0%
$0