This property might be a fair Long-Term investment with a projected 0.63% first-year return on $56,700 initial cash invested.
0.63%
Cash On Cash
7.08%
Cap Rate
1.1
DSCR
$2,291
Rent
$30
Cashflow
Cash Flow
$2,291 income − $2,261 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,291
Total Expenses
$2,261
Mortgage P&I
63%
$1,447
Property Taxes
5%
$124
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$137
Maintenance
5%
$115
Other
0%
$0