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This property might be a fair Long-Term investment with a projected 2.81% first-year return on $73,479 initial cash invested.

2.81%

Cash On Cash

7.18%

Cap Rate

1.19

DSCR

$3,160

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $2,988 expenses = $172 cash flow

Income$3,160Mortgage P&I$1,76456%Property Taxes$2809%Insurance$1224%Management$31610%CapEx$1585%Vacancy$1906%Maintenance$1585%Cash Flow$172

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,160

Total Expenses

$2,988

Mortgage P&I

56%

$1,764

Property Taxes

9%

$280

Home Insurance

4%

$122

HOA

0%

$0

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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