This property might be a fair Long-Term investment with a projected 3.67% first-year return on $60,144 initial cash invested.
3.67%
Cash On Cash
7.99%
Cap Rate
1.2
DSCR
$2,697
Rent
$184
Cashflow
Cash Flow
$2,697 income − $2,513 expenses = $184 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,144
Downpayment
20%
$57,280
Closing costs
1%
$2,864
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,697
Total Expenses
$2,513
Mortgage P&I
59%
$1,589
Property Taxes
4%
$117
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0