This property might be a fair Long-Term investment with a projected 7.98% first-year return on $52,752 initial cash invested.
7.98%
Cash On Cash
8.39%
Cap Rate
1.38
DSCR
$2,721
Rent
$351
Cashflow
Cash Flow
$2,721 income − $2,370 expenses = $351 cash flow
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,752
Downpayment
20%
$50,240
Closing costs
1%
$2,512
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,721
Total Expenses
$2,370
Mortgage P&I
47%
$1,270
Property Taxes
11%
$293
Home Insurance
4%
$100
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0