This property might be a fair Long-Term investment with a projected 4.78% first-year return on $53,676 initial cash invested.
4.78%
Cash On Cash
8.46%
Cap Rate
1.26
DSCR
$3,181
Rent
$214
Cashflow
Cash Flow
$3,181 income − $2,967 expenses = $214 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,181
Total Expenses
$2,967
Mortgage P&I
45%
$1,430
Property Taxes
19%
$619
Home Insurance
3%
$91
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0