This property might be a fair Long-Term investment with a projected 2.56% first-year return on $56,616 initial cash invested.
2.56%
Cash On Cash
7.71%
Cap Rate
1.17
DSCR
$2,549
Rent
$121
Cashflow
Cash Flow
$2,549 income − $2,428 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,616
Downpayment
20%
$53,920
Closing costs
1%
$2,696
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,549
Total Expenses
$2,428
Mortgage P&I
58%
$1,484
Property Taxes
7%
$188
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0