This property might be a fair Long-Term investment with a projected 1.4% first-year return on $55,629 initial cash invested.
1.4%
Cash On Cash
7.06%
Cap Rate
1.13
DSCR
$2,263
Rent
$65
Cashflow
Cash Flow
$2,263 income − $2,198 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,263
Total Expenses
$2,198
Mortgage P&I
61%
$1,381
Property Taxes
6%
$133
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0