This property might be a fair Long-Term investment with a projected 1.06% first-year return on $75,894 initial cash invested.
1.06%
Cash On Cash
7.46%
Cap Rate
1.12
DSCR
$3,546
Rent
$67
Cashflow
Cash Flow
$3,546 income − $3,479 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,894
Downpayment
20%
$72,280
Closing costs
1%
$3,614
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,546
Total Expenses
$3,479
Mortgage P&I
57%
$2,004
Property Taxes
12%
$423
Home Insurance
4%
$130
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0