This property might be a fair Long-Term investment with a projected 2.54% first-year return on $42,000 initial cash invested.
2.54%
Cash On Cash
7.69%
Cap Rate
1.17
DSCR
$1,870
Rent
$89
Cashflow
Cash Flow
$1,870 income − $1,781 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,870
Total Expenses
$1,781
Mortgage P&I
59%
$1,098
Property Taxes
7%
$126
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0