This property might be a fair Long-Term investment with a projected 0.66% first-year return on $49,224 initial cash invested.
0.66%
Cash On Cash
7.36%
Cap Rate
1.1
DSCR
$2,052
Rent
$27
Cashflow
Cash Flow
$2,052 income − $2,025 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,224
Downpayment
20%
$46,880
Closing costs
1%
$2,344
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,052
Total Expenses
$2,025
Mortgage P&I
64%
$1,308
Property Taxes
5%
$99
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0