This property might be a fair Long-Term investment with a projected 0.42% first-year return on $46,179 initial cash invested.
0.42%
Cash On Cash
7.47%
Cap Rate
1.1
DSCR
$2,054
Rent
$16
Cashflow
Cash Flow
$2,054 income − $2,038 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,179
Downpayment
20%
$43,980
Closing costs
1%
$2,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,054
Total Expenses
$2,038
Mortgage P&I
61%
$1,249
Property Taxes
9%
$178
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0