This property might be a fair Long-Term investment with a projected 4% first-year return on $49,497 initial cash invested.
4%
Cash On Cash
7.67%
Cap Rate
1.23
DSCR
$2,386
Rent
$165
Cashflow
Cash Flow
$2,386 income − $2,221 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,497
Downpayment
20%
$47,140
Closing costs
1%
$2,357
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,386
Total Expenses
$2,221
Mortgage P&I
51%
$1,223
Property Taxes
12%
$294
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0