This property might be a fair Long-Term investment with a projected 0.26% first-year return on $50,799 initial cash invested.
0.26%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$2,209
Rent
$11
Cashflow
Cash Flow
$2,209 income − $2,198 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,799
Downpayment
20%
$48,380
Closing costs
1%
$2,419
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,209
Total Expenses
$2,198
Mortgage P&I
61%
$1,337
Property Taxes
9%
$191
Home Insurance
4%
$88
HOA
0%
$8
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$133
Maintenance
5%
$110
Other
0%
$0