This property might be a fair Long-Term investment with a projected 1.48% first-year return on $54,390 initial cash invested.
1.48%
Cash On Cash
7.2%
Cap Rate
1.13
DSCR
$2,170
Rent
$67
Cashflow
Cash Flow
$2,170 income − $2,103 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,170
Total Expenses
$2,103
Mortgage P&I
64%
$1,379
Property Taxes
3%
$70
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0