This property might be a fair Long-Term investment with a projected 0.94% first-year return on $47,334 initial cash invested.
0.94%
Cash On Cash
7.24%
Cap Rate
1.12
DSCR
$2,149
Rent
$37
Cashflow
Cash Flow
$2,149 income − $2,112 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,334
Downpayment
20%
$45,080
Closing costs
1%
$2,254
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,149
Total Expenses
$2,112
Mortgage P&I
57%
$1,215
Property Taxes
12%
$260
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0