This property might be a fair Long-Term investment with a projected 7.32% first-year return on $79,947 initial cash invested.
7.32%
Cash On Cash
8.31%
Cap Rate
1.36
DSCR
$4,173
Rent
$488
Cashflow
Cash Flow
$4,173 income − $3,685 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,947
Downpayment
20%
$76,140
Closing costs
1%
$3,807
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,173
Total Expenses
$3,685
Mortgage P&I
46%
$1,938
Property Taxes
12%
$515
Home Insurance
4%
$147
HOA
0%
$0
Property Management
10%
$417
CapEx
5%
$209
Vacancy
6%
$250
Maintenance
5%
$209
Other
0%
$0