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This property might be a fair Long-Term investment with a projected 6.24% first-year return on $54,579 initial cash invested.

6.24%

Cash On Cash

7.87%

Cap Rate

1.31

DSCR

$2,440

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,440 income − $2,156 expenses = $284 cash flow

Income$2,440Mortgage P&I$1,29953%Property Taxes$1325%Insurance$914%Management$24410%CapEx$1225%Vacancy$1466%Maintenance$1225%Cash Flow$284

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,440

Total Expenses

$2,156

Mortgage P&I

53%

$1,299

Property Taxes

5%

$132

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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