This property might be a fair Long-Term investment with a projected 0.59% first-year return on $62,538 initial cash invested.
0.59%
Cash On Cash
6.74%
Cap Rate
1.1
DSCR
$2,349
Rent
$31
Cashflow
Cash Flow
$2,349 income − $2,318 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,538
Downpayment
20%
$59,560
Closing costs
1%
$2,978
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,349
Total Expenses
$2,318
Mortgage P&I
65%
$1,525
Property Taxes
3%
$75
Home Insurance
5%
$108
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0