This property might be a fair Long-Term investment with a projected 1.82% first-year return on $65,940 initial cash invested.
1.82%
Cash On Cash
7.02%
Cap Rate
1.15
DSCR
$2,786
Rent
$100
Cashflow
Cash Flow
$2,786 income − $2,686 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,940
Downpayment
20%
$62,800
Closing costs
1%
$3,140
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,786
Total Expenses
$2,686
Mortgage P&I
57%
$1,597
Property Taxes
9%
$253
Home Insurance
4%
$112
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0