This property might be a fair Long-Term investment with a projected 0.29% first-year return on $54,579 initial cash invested.
0.29%
Cash On Cash
6.66%
Cap Rate
1.09
DSCR
$2,060
Rent
$13
Cashflow
Cash Flow
$2,060 income − $2,047 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,060
Total Expenses
$2,047
Mortgage P&I
64%
$1,326
Property Taxes
5%
$94
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0