This property might be a fair Long-Term investment with a projected 0.55% first-year return on $41,790 initial cash invested.
0.55%
Cash On Cash
7.34%
Cap Rate
1.09
DSCR
$1,728
Rent
$19
Cashflow
Cash Flow
$1,728 income − $1,709 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,728
Total Expenses
$1,709
Mortgage P&I
64%
$1,113
Property Taxes
4%
$67
Home Insurance
4%
$70
HOA
1%
$10
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0