This property might be a fair Long-Term investment with a projected 0.24% first-year return on $78,960 initial cash invested.
0.24%
Cash On Cash
7.04%
Cap Rate
1.09
DSCR
$3,464
Rent
$16
Cashflow
Cash Flow
$3,464 income − $3,448 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,960
Downpayment
20%
$75,200
Closing costs
1%
$3,760
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,464
Total Expenses
$3,448
Mortgage P&I
58%
$2,017
Property Taxes
12%
$405
Home Insurance
4%
$126
HOA
0%
$0
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0