This property might be a fair Long-Term investment with a projected 2.57% first-year return on $57,813 initial cash invested.
2.57%
Cash On Cash
7.27%
Cap Rate
1.17
DSCR
$2,451
Rent
$124
Cashflow
Cash Flow
$2,451 income − $2,327 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,813
Downpayment
20%
$55,060
Closing costs
1%
$2,753
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,451
Total Expenses
$2,327
Mortgage P&I
58%
$1,420
Property Taxes
7%
$162
Home Insurance
4%
$107
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0