This property might be a fair Long-Term investment with a projected 0.5% first-year return on $52,353 initial cash invested.
0.5%
Cash On Cash
6.67%
Cap Rate
1.11
DSCR
$2,199
Rent
$22
Cashflow
Cash Flow
$2,199 income − $2,177 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,353
Downpayment
20%
$49,860
Closing costs
1%
$2,493
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,199
Total Expenses
$2,177
Mortgage P&I
57%
$1,254
Property Taxes
7%
$164
Home Insurance
9%
$187
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0