This property might be a fair Long-Term investment with a projected 1.54% first-year return on $60,144 initial cash invested.
1.54%
Cash On Cash
7.14%
Cap Rate
1.14
DSCR
$2,646
Rent
$77
Cashflow
Cash Flow
$2,646 income − $2,569 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,144
Downpayment
20%
$57,280
Closing costs
1%
$2,864
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,646
Total Expenses
$2,569
Mortgage P&I
57%
$1,496
Property Taxes
12%
$305
Home Insurance
3%
$80
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0