This property might be a fair Long-Term investment with a projected 0.79% first-year return on $62,307 initial cash invested.
0.79%
Cash On Cash
7.3%
Cap Rate
1.11
DSCR
$2,678
Rent
$41
Cashflow
Cash Flow
$2,678 income − $2,637 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,307
Downpayment
20%
$59,340
Closing costs
1%
$2,967
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,678
Total Expenses
$2,637
Mortgage P&I
61%
$1,631
Property Taxes
8%
$204
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0