This property might be a fair Long-Term investment with a projected 3.47% first-year return on $52,500 initial cash invested.
3.47%
Cash On Cash
7.91%
Cap Rate
1.2
DSCR
$2,393
Rent
$152
Cashflow
Cash Flow
$2,393 income − $2,241 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,393
Total Expenses
$2,241
Mortgage P&I
57%
$1,375
Property Taxes
6%
$155
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0