This property might be a fair Long-Term investment with a projected 2.76% first-year return on $44,856 initial cash invested.
2.76%
Cash On Cash
8.05%
Cap Rate
1.19
DSCR
$2,520
Rent
$103
Cashflow
Cash Flow
$2,520 income − $2,417 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,856
Downpayment
20%
$42,720
Closing costs
1%
$2,136
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,520
Total Expenses
$2,417
Mortgage P&I
48%
$1,204
Property Taxes
19%
$483
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0