This property might be a fair Long-Term investment with a projected 7.15% first-year return on $74,319 initial cash invested.
7.15%
Cash On Cash
8.59%
Cap Rate
1.34
DSCR
$4,040
Rent
$443
Cashflow
Cash Flow
$4,040 income − $3,597 expenses = $443 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,319
Downpayment
20%
$70,780
Closing costs
1%
$3,539
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,040
Total Expenses
$3,597
Mortgage P&I
47%
$1,889
Property Taxes
13%
$506
Home Insurance
3%
$136
HOA
0%
$16
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$242
Maintenance
5%
$202
Other
0%
$0