This property might be a fair Long-Term investment with a projected 3.36% first-year return on $57,540 initial cash invested.
3.36%
Cash On Cash
7.73%
Cap Rate
1.19
DSCR
$2,421
Rent
$161
Cashflow
Cash Flow
$2,421 income − $2,260 expenses = $161 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,421
Total Expenses
$2,260
Mortgage P&I
61%
$1,483
Property Taxes
2%
$52
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0