This property might be a fair Long-Term investment with a projected 3.5% first-year return on $49,329 initial cash invested.
3.5%
Cash On Cash
7.69%
Cap Rate
1.21
DSCR
$2,412
Rent
$144
Cashflow
Cash Flow
$2,412 income − $2,268 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,412
Total Expenses
$2,268
Mortgage P&I
51%
$1,240
Property Taxes
13%
$309
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0