This property might be a fair Long-Term investment with a projected 0.2% first-year return on $48,090 initial cash invested.
0.2%
Cash On Cash
7.33%
Cap Rate
1.09
DSCR
$2,141
Rent
$8
Cashflow
Cash Flow
$2,141 income − $2,133 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,141
Total Expenses
$2,133
Mortgage P&I
60%
$1,284
Property Taxes
10%
$213
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0