This property might be a fair Long-Term investment with a projected 3.98% first-year return on $54,243 initial cash invested.
3.98%
Cash On Cash
7.92%
Cap Rate
1.22
DSCR
$2,559
Rent
$180
Cashflow
Cash Flow
$2,559 income − $2,379 expenses = $180 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,243
Downpayment
20%
$51,660
Closing costs
1%
$2,583
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,559
Total Expenses
$2,379
Mortgage P&I
55%
$1,397
Property Taxes
9%
$225
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0