This property might be a fair Long-Term investment with a projected 3.15% first-year return on $51,471 initial cash invested.
3.15%
Cash On Cash
7.84%
Cap Rate
1.17
DSCR
$2,031
Rent
$135
Cashflow
Cash Flow
$2,031 income − $1,896 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,471
Downpayment
20%
$49,020
Closing costs
1%
$2,451
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,031
Total Expenses
$1,896
Mortgage P&I
67%
$1,365
Property Taxes
0%
$1
Home Insurance
0%
$1
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0