This property might be a fair Long-Term investment with a projected 5.14% first-year return on $48,804 initial cash invested.
5.14%
Cash On Cash
8.6%
Cap Rate
1.26
DSCR
$2,786
Rent
$209
Cashflow
Cash Flow
$2,786 income − $2,577 expenses = $209 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,804
Downpayment
20%
$46,480
Closing costs
1%
$2,324
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,786
Total Expenses
$2,577
Mortgage P&I
47%
$1,318
Property Taxes
16%
$453
Home Insurance
3%
$82
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0