This property might be a fair Long-Term investment with a projected 2.02% first-year return on $52,395 initial cash invested.
2.02%
Cash On Cash
7.65%
Cap Rate
1.15
DSCR
$2,476
Rent
$88
Cashflow
Cash Flow
$2,476 income − $2,388 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,395
Downpayment
20%
$49,900
Closing costs
1%
$2,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,476
Total Expenses
$2,388
Mortgage P&I
56%
$1,379
Property Taxes
11%
$277
Home Insurance
4%
$87
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0