This property might be a fair Long-Term investment with a projected 2.27% first-year return on $50,652 initial cash invested.
2.27%
Cash On Cash
7.43%
Cap Rate
1.16
DSCR
$2,272
Rent
$96
Cashflow
Cash Flow
$2,272 income − $2,176 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,652
Downpayment
20%
$48,240
Closing costs
1%
$2,412
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,272
Total Expenses
$2,176
Mortgage P&I
57%
$1,284
Property Taxes
10%
$222
Home Insurance
3%
$79
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0