This property might be a fair Long-Term investment with a projected 0.7% first-year return on $71,820 initial cash invested.
0.7%
Cash On Cash
6.81%
Cap Rate
1.1
DSCR
$2,802
Rent
$42
Cashflow
Cash Flow
$2,802 income − $2,760 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,820
Downpayment
20%
$68,400
Closing costs
1%
$3,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,802
Total Expenses
$2,760
Mortgage P&I
63%
$1,759
Property Taxes
6%
$154
Home Insurance
4%
$119
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0