This property might be a fair Long-Term investment with a projected 4.34% first-year return on $51,450 initial cash invested.
4.34%
Cash On Cash
7.68%
Cap Rate
1.24
DSCR
$2,260
Rent
$186
Cashflow
Cash Flow
$2,260 income − $2,074 expenses = $186 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,260
Total Expenses
$2,074
Mortgage P&I
56%
$1,269
Property Taxes
6%
$131
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0