This property might be a fair Long-Term investment with a projected 0.44% first-year return on $54,075 initial cash invested.
0.44%
Cash On Cash
7.08%
Cap Rate
1.09
DSCR
$2,214
Rent
$20
Cashflow
Cash Flow
$2,214 income − $2,194 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,075
Downpayment
20%
$51,500
Closing costs
1%
$2,575
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,214
Total Expenses
$2,194
Mortgage P&I
63%
$1,388
Property Taxes
6%
$136
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0