This property might be a fair Long-Term investment with a projected 1.43% first-year return on $42,042 initial cash invested.
1.43%
Cash On Cash
7.38%
Cap Rate
1.15
DSCR
$2,134
Rent
$50
Cashflow
Cash Flow
$2,134 income − $2,084 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,042
Downpayment
20%
$40,040
Closing costs
1%
$2,002
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,134
Total Expenses
$2,084
Mortgage P&I
50%
$1,075
Property Taxes
16%
$340
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0