This property might be a fair Long-Term investment with a projected 0.25% first-year return on $47,061 initial cash invested.
0.25%
Cash On Cash
7.22%
Cap Rate
1.09
DSCR
$1,998
Rent
$10
Cashflow
Cash Flow
$1,998 income − $1,988 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,061
Downpayment
20%
$44,820
Closing costs
1%
$2,241
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,998
Total Expenses
$1,988
Mortgage P&I
62%
$1,238
Property Taxes
8%
$151
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0