This property might be a fair Long-Term investment with a projected 4.69% first-year return on $45,528 initial cash invested.
4.69%
Cash On Cash
7.68%
Cap Rate
1.25
DSCR
$1,931
Rent
$178
Cashflow
Cash Flow
$1,931 income − $1,753 expenses = $178 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,528
Downpayment
20%
$43,360
Closing costs
1%
$2,168
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,931
Total Expenses
$1,753
Mortgage P&I
58%
$1,113
Property Taxes
2%
$46
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0