This property might be a fair Long-Term investment with a projected 0.87% first-year return on $49,875 initial cash invested.
0.87%
Cash On Cash
7.35%
Cap Rate
1.12
DSCR
$2,484
Rent
$36
Cashflow
Cash Flow
$2,484 income − $2,448 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,875
Downpayment
20%
$47,500
Closing costs
1%
$2,375
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,484
Total Expenses
$2,448
Mortgage P&I
52%
$1,294
Property Taxes
17%
$426
Home Insurance
3%
$83
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0