This property might be a fair Long-Term investment with a projected 4.4% first-year return on $52,878 initial cash invested.
4.4%
Cash On Cash
7.99%
Cap Rate
1.24
DSCR
$2,518
Rent
$194
Cashflow
Cash Flow
$2,518 income − $2,324 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,518
Total Expenses
$2,324
Mortgage P&I
54%
$1,357
Property Taxes
9%
$223
Home Insurance
4%
$89
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0