This property might be a fair Long-Term investment with a projected 0.67% first-year return on $77,028 initial cash invested.
0.67%
Cash On Cash
6.97%
Cap Rate
1.12
DSCR
$3,603
Rent
$43
Cashflow
Cash Flow
$3,603 income − $3,560 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,028
Downpayment
20%
$73,360
Closing costs
1%
$3,668
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,603
Total Expenses
$3,560
Mortgage P&I
53%
$1,906
Property Taxes
16%
$583
Home Insurance
4%
$135
HOA
0%
$0
Property Management
10%
$360
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0