This property might be a fair Long-Term investment with a projected 4.82% first-year return on $71,274 initial cash invested.
4.82%
Cash On Cash
8.1%
Cap Rate
1.24
DSCR
$3,263
Rent
$286
Cashflow
Cash Flow
$3,263 income − $2,977 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,274
Downpayment
20%
$67,880
Closing costs
1%
$3,394
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,263
Total Expenses
$2,977
Mortgage P&I
56%
$1,841
Property Taxes
5%
$164
Home Insurance
4%
$124
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0