This property might be a fair Long-Term investment with a projected 0.05% first-year return on $51,450 initial cash invested.
0.05%
Cash On Cash
6.74%
Cap Rate
1.08
DSCR
$1,900
Rent
$2
Cashflow
Cash Flow
$1,900 income − $1,898 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,900
Total Expenses
$1,898
Mortgage P&I
67%
$1,280
Property Taxes
2%
$38
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0