This property might be a fair Long-Term investment with a projected 1.14% first-year return on $63,252 initial cash invested.
1.14%
Cash On Cash
7.39%
Cap Rate
1.12
DSCR
$2,666
Rent
$60
Cashflow
Cash Flow
$2,666 income − $2,606 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,252
Downpayment
20%
$60,240
Closing costs
1%
$3,012
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,666
Total Expenses
$2,606
Mortgage P&I
62%
$1,661
Property Taxes
5%
$128
Home Insurance
5%
$124
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0