This property might be a fair Long-Term investment with a projected 6.44% first-year return on $54,390 initial cash invested.
6.44%
Cash On Cash
8.48%
Cap Rate
1.31
DSCR
$2,741
Rent
$292
Cashflow
Cash Flow
$2,741 income − $2,449 expenses = $292 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,741
Total Expenses
$2,449
Mortgage P&I
51%
$1,402
Property Taxes
9%
$244
Home Insurance
3%
$91
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0