This property might be a fair Long-Term investment with a projected 0.13% first-year return on $46,116 initial cash invested.
0.13%
Cash On Cash
6.98%
Cap Rate
1.08
DSCR
$1,773
Rent
$5
Cashflow
Cash Flow
$1,773 income − $1,768 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,116
Downpayment
20%
$43,920
Closing costs
1%
$2,196
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,773
Total Expenses
$1,768
Mortgage P&I
67%
$1,184
Property Taxes
2%
$38
Home Insurance
4%
$79
HOA
0%
$6
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0