This property might be a fair Long-Term investment with a projected 2.31% first-year return on $42,000 initial cash invested.
2.31%
Cash On Cash
7.39%
Cap Rate
1.16
DSCR
$1,834
Rent
$81
Cashflow
Cash Flow
$1,834 income − $1,753 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,834
Total Expenses
$1,753
Mortgage P&I
58%
$1,059
Property Taxes
8%
$147
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0