This property might be a fair Long-Term investment with a projected 4.52% first-year return on $41,979 initial cash invested.
4.52%
Cash On Cash
8.1%
Cap Rate
1.24
DSCR
$2,099
Rent
$158
Cashflow
Cash Flow
$2,099 income − $1,941 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,099
Total Expenses
$1,941
Mortgage P&I
52%
$1,087
Property Taxes
11%
$238
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0