This property might be a fair Long-Term investment with a projected 7.53% first-year return on $65,499 initial cash invested.
7.53%
Cash On Cash
8.54%
Cap Rate
1.35
DSCR
$3,207
Rent
$411
Cashflow
Cash Flow
$3,207 income − $2,796 expenses = $411 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,499
Downpayment
20%
$62,380
Closing costs
1%
$3,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,207
Total Expenses
$2,796
Mortgage P&I
51%
$1,648
Property Taxes
6%
$199
Home Insurance
4%
$116
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0