This property might be a fair Long-Term investment with a projected 5.79% first-year return on $41,475 initial cash invested.
5.79%
Cash On Cash
8.54%
Cap Rate
1.27
DSCR
$2,001
Rent
$200
Cashflow
Cash Flow
$2,001 income − $1,801 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,475
Downpayment
20%
$39,500
Closing costs
1%
$1,975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,001
Total Expenses
$1,801
Mortgage P&I
55%
$1,106
Property Taxes
5%
$100
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0