This property might be a fair Long-Term investment with a projected 0.73% first-year return on $82,089 initial cash invested.
0.73%
Cash On Cash
7.3%
Cap Rate
1.1
DSCR
$3,352
Rent
$50
Cashflow
Cash Flow
$3,352 income − $3,302 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,089
Downpayment
20%
$78,180
Closing costs
1%
$3,909
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,352
Total Expenses
$3,302
Mortgage P&I
64%
$2,160
Property Taxes
4%
$128
Home Insurance
4%
$142
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0