This property might be a fair Long-Term investment with a projected 4% first-year return on $49,476 initial cash invested.
4%
Cash On Cash
7.98%
Cap Rate
1.23
DSCR
$2,511
Rent
$165
Cashflow
Cash Flow
$2,511 income − $2,346 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,476
Downpayment
20%
$47,120
Closing costs
1%
$2,356
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,511
Total Expenses
$2,346
Mortgage P&I
51%
$1,275
Property Taxes
13%
$321
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0