This property might be a fair Long-Term investment with a projected 2.59% first-year return on $74,046 initial cash invested.
2.59%
Cash On Cash
7.49%
Cap Rate
1.18
DSCR
$3,369
Rent
$160
Cashflow
Cash Flow
$3,369 income − $3,209 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,046
Downpayment
20%
$70,520
Closing costs
1%
$3,526
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,369
Total Expenses
$3,209
Mortgage P&I
56%
$1,872
Property Taxes
10%
$340
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0