This property might be a fair Long-Term investment with a projected 5.02% first-year return on $42,063 initial cash invested.
5.02%
Cash On Cash
8.26%
Cap Rate
1.25
DSCR
$2,030
Rent
$176
Cashflow
Cash Flow
$2,030 income − $1,854 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,063
Downpayment
20%
$40,060
Closing costs
1%
$2,003
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,030
Total Expenses
$1,854
Mortgage P&I
54%
$1,100
Property Taxes
8%
$153
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0