This property might be a fair Long-Term investment with a projected 6.92% first-year return on $52,878 initial cash invested.
6.92%
Cash On Cash
8.46%
Cap Rate
1.32
DSCR
$2,465
Rent
$305
Cashflow
Cash Flow
$2,465 income − $2,160 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,465
Total Expenses
$2,160
Mortgage P&I
55%
$1,347
Property Taxes
3%
$86
Home Insurance
4%
$87
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0