This property might be a fair Long-Term investment with a projected 1.58% first-year return on $54,684 initial cash invested.
1.58%
Cash On Cash
7.69%
Cap Rate
1.14
DSCR
$2,587
Rent
$72
Cashflow
Cash Flow
$2,587 income − $2,515 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,684
Downpayment
20%
$52,080
Closing costs
1%
$2,604
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,587
Total Expenses
$2,515
Mortgage P&I
57%
$1,467
Property Taxes
11%
$285
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0