This property might be a fair Long-Term investment with a projected 8.05% first-year return on $50,106 initial cash invested.
8.05%
Cash On Cash
8.95%
Cap Rate
1.36
DSCR
$2,684
Rent
$336
Cashflow
Cash Flow
$2,684 income − $2,348 expenses = $336 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,684
Total Expenses
$2,348
Mortgage P&I
49%
$1,309
Property Taxes
10%
$260
Home Insurance
3%
$82
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0