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This property might be a fair Long-Term investment with a projected 1.81% first-year return on $215k initial cash invested.

1.81%

Cash On Cash

3.48%

Cap Rate

1.36

DSCR

$2,300

Rent

$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,300 income − $1,977 expenses = $323 cash flow

Income$2,300Mortgage P&I$89839%Property Taxes$31013%Insurance$1476%HOA$39217%Management$1155%Maintenance$1155%Cash Flow$323

Investment Breakdown

|

Purchase Price

$421k

Downpayment

50.0%

Interest Rate

3.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

50%

$210k

Closing costs

1%

$4,206

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,300

Total Expenses

$1,977

Mortgage P&I

39%

$898

Property Taxes

13%

$310

Home Insurance

6%

$147

HOA

17%

$392

Property Management

5%

$115

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

5%

$115

Other

0%

$0

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