This property might be a fair Long-Term investment with a projected 0.89% first-year return on $52,395 initial cash invested.
0.89%
Cash On Cash
7.16%
Cap Rate
1.12
DSCR
$2,371
Rent
$39
Cashflow
Cash Flow
$2,371 income − $2,332 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,395
Downpayment
20%
$49,900
Closing costs
1%
$2,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,371
Total Expenses
$2,332
Mortgage P&I
56%
$1,331
Property Taxes
12%
$296
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0