This property might be a fair Long-Term investment with a projected 2.02% first-year return on $57,750 initial cash invested.
2.02%
Cash On Cash
7.49%
Cap Rate
1.14
DSCR
$2,361
Rent
$97
Cashflow
Cash Flow
$2,361 income − $2,264 expenses = $97 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
$2,361
Total Expenses
$2,264
Mortgage P&I
64%
$1,501
Property Taxes
2%
$53
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0