This property might be a fair Long-Term investment with a projected 8.71% first-year return on $42,000 initial cash invested.
8.71%
Cash On Cash
9.26%
Cap Rate
1.38
DSCR
$2,374
Rent
$305
Cashflow
Cash Flow
$2,374 income − $2,069 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,374
Total Expenses
$2,069
Mortgage P&I
47%
$1,119
Property Taxes
11%
$263
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0