This property might be a fair Long-Term investment with a projected 2.72% first-year return on $88,179 initial cash invested.
2.72%
Cash On Cash
7.64%
Cap Rate
1.17
DSCR
$3,641
Rent
$200
Cashflow
Cash Flow
$3,641 income − $3,441 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,179
Downpayment
20%
$83,980
Closing costs
1%
$4,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,641
Total Expenses
$3,441
Mortgage P&I
63%
$2,292
Property Taxes
0%
$6
Home Insurance
4%
$147
HOA
1%
$50
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0