This property might be a fair Long-Term investment with a projected 0.78% first-year return on $50,925 initial cash invested.
0.78%
Cash On Cash
7.01%
Cap Rate
1.11
DSCR
$2,198
Rent
$33
Cashflow
Cash Flow
$2,198 income − $2,165 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,925
Downpayment
20%
$48,500
Closing costs
1%
$2,425
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,198
Total Expenses
$2,165
Mortgage P&I
58%
$1,274
Property Taxes
11%
$234
Home Insurance
4%
$85
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0