This property might be a fair Long-Term investment with a projected 1.96% first-year return on $53,781 initial cash invested.
1.96%
Cash On Cash
7.16%
Cap Rate
1.14
DSCR
$2,109
Rent
$88
Cashflow
Cash Flow
$2,109 income − $2,021 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,781
Downpayment
20%
$51,220
Closing costs
1%
$2,561
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,109
Total Expenses
$2,021
Mortgage P&I
63%
$1,334
Property Taxes
3%
$57
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$127
Maintenance
5%
$105
Other
0%
$0