This property might be a fair Long-Term investment with a projected 0.38% first-year return on $124k initial cash invested.
0.38%
Cash On Cash
7.09%
Cap Rate
1.09
DSCR
$4,988
Rent
$39
Cashflow
Cash Flow
$4,988 income − $4,949 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,988
Total Expenses
$4,949
Mortgage P&I
64%
$3,195
Property Taxes
5%
$241
Home Insurance
4%
$217
HOA
0%
$0
Property Management
10%
$499
CapEx
5%
$249
Vacancy
6%
$299
Maintenance
5%
$249
Other
0%
$0