This property might be a fair Long-Term investment with a projected 3.53% first-year return on $53,760 initial cash invested.
3.53%
Cash On Cash
7.89%
Cap Rate
1.2
DSCR
$2,570
Rent
$158
Cashflow
Cash Flow
$2,570 income − $2,412 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,570
Total Expenses
$2,412
Mortgage P&I
54%
$1,397
Property Taxes
10%
$258
Home Insurance
4%
$90
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0