This property might be a fair Long-Term investment with a projected 1.23% first-year return on $56,490 initial cash invested.
1.23%
Cash On Cash
7.4%
Cap Rate
1.12
DSCR
$2,287
Rent
$58
Cashflow
Cash Flow
$2,287 income − $2,229 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,287
Total Expenses
$2,229
Mortgage P&I
65%
$1,486
Property Taxes
2%
$53
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0