This property might be a fair Long-Term investment with a projected 0.21% first-year return on $52,227 initial cash invested.
0.21%
Cash On Cash
7.13%
Cap Rate
1.09
DSCR
$2,309
Rent
$9
Cashflow
Cash Flow
$2,309 income − $2,300 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,227
Downpayment
20%
$49,740
Closing costs
1%
$2,487
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,309
Total Expenses
$2,300
Mortgage P&I
59%
$1,354
Property Taxes
11%
$255
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$139
Maintenance
5%
$115
Other
0%
$0