This property might be a fair Long-Term investment with a projected 0.47% first-year return on $85,071 initial cash invested.
0.47%
Cash On Cash
7.17%
Cap Rate
1.1
DSCR
$3,642
Rent
$33
Cashflow
Cash Flow
$3,642 income − $3,609 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,071
Downpayment
20%
$81,020
Closing costs
1%
$4,051
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,642
Total Expenses
$3,609
Mortgage P&I
61%
$2,205
Property Taxes
8%
$308
Home Insurance
4%
$149
HOA
0%
$0
Property Management
10%
$364
CapEx
5%
$182
Vacancy
6%
$219
Maintenance
5%
$182
Other
0%
$0