This property might be a fair Long-Term investment with a projected 0.54% first-year return on $57,750 initial cash invested.
0.54%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$2,473
Rent
$26
Cashflow
Cash Flow
$2,473 income − $2,447 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,473
Total Expenses
$2,447
Mortgage P&I
61%
$1,513
Property Taxes
8%
$195
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0