This property might be a fair Long-Term investment with a projected 0.92% first-year return on $57,540 initial cash invested.
0.92%
Cash On Cash
7.5%
Cap Rate
1.11
DSCR
$2,455
Rent
$44
Cashflow
Cash Flow
$2,455 income − $2,411 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,455
Total Expenses
$2,411
Mortgage P&I
63%
$1,545
Property Taxes
6%
$141
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0