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This property might be a fair Long-Term investment with a projected 9.52% first-year return on $50,400 initial cash invested.

9.52%

Cash On Cash

8.76%

Cap Rate

1.43

DSCR

$2,460

Rent

$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $2,060 expenses = $400 cash flow

Income$2,460Mortgage P&I$1,22950%Property Taxes$1024%Insurance$894%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%Cash Flow$400

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$2,060

Mortgage P&I

50%

$1,229

Property Taxes

4%

$102

Home Insurance

4%

$89

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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