This property might be a fair Long-Term investment with a projected 3.95% first-year return on $41,958 initial cash invested.
3.95%
Cash On Cash
7.63%
Cap Rate
1.21
DSCR
$1,657
Rent
$138
Cashflow
Cash Flow
$1,657 income − $1,519 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,657
Total Expenses
$1,519
Mortgage P&I
63%
$1,050
Property Taxes
2%
$31
Home Insurance
0%
$7
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0