This property might be a fair Long-Term investment with a projected 0.07% first-year return on $71,589 initial cash invested.
0.07%
Cash On Cash
6.7%
Cap Rate
1.09
DSCR
$3,183
Rent
$4
Cashflow
Cash Flow
$3,183 income − $3,179 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,589
Downpayment
20%
$68,180
Closing costs
1%
$3,409
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,183
Total Expenses
$3,179
Mortgage P&I
55%
$1,740
Property Taxes
15%
$490
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0