This property might be a fair Long-Term investment with a projected 5.12% first-year return on $48,972 initial cash invested.
5.12%
Cash On Cash
8.48%
Cap Rate
1.25
DSCR
$2,461
Rent
$209
Cashflow
Cash Flow
$2,461 income − $2,252 expenses = $209 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,972
Downpayment
20%
$46,640
Closing costs
1%
$2,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,461
Total Expenses
$2,252
Mortgage P&I
53%
$1,315
Property Taxes
9%
$214
Home Insurance
3%
$83
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0