This property might be a fair Long-Term investment with a projected 5.78% first-year return on $55,650 initial cash invested.
5.78%
Cash On Cash
7.84%
Cap Rate
1.29
DSCR
$2,502
Rent
$268
Cashflow
Cash Flow
$2,502 income − $2,234 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,502
Total Expenses
$2,234
Mortgage P&I
54%
$1,339
Property Taxes
6%
$152
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0