This property might be a fair Long-Term investment with a projected 3.23% first-year return on $42,714 initial cash invested.
3.23%
Cash On Cash
8.01%
Cap Rate
1.19
DSCR
$2,013
Rent
$115
Cashflow
Cash Flow
$2,013 income − $1,898 expenses = $115 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,714
Downpayment
20%
$40,680
Closing costs
1%
$2,034
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,013
Total Expenses
$1,898
Mortgage P&I
57%
$1,141
Property Taxes
8%
$162
Home Insurance
4%
$71
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0