This property might be a fair Long-Term investment with a projected 3.84% first-year return on $55,650 initial cash invested.
3.84%
Cash On Cash
7.83%
Cap Rate
1.21
DSCR
$2,428
Rent
$178
Cashflow
Cash Flow
$2,428 income − $2,250 expenses = $178 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,428
Total Expenses
$2,250
Mortgage P&I
59%
$1,430
Property Taxes
4%
$96
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0