This property might be a fair Long-Term investment with a projected 5.5% first-year return on $43,848 initial cash invested.
5.5%
Cash On Cash
8.16%
Cap Rate
1.28
DSCR
$2,152
Rent
$201
Cashflow
Cash Flow
$2,152 income − $1,951 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,848
Downpayment
20%
$41,760
Closing costs
1%
$2,088
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,152
Total Expenses
$1,951
Mortgage P&I
52%
$1,111
Property Taxes
10%
$206
Home Insurance
3%
$74
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0