This property might be a fair Long-Term investment with a projected 0.18% first-year return on $65,793 initial cash invested.
0.18%
Cash On Cash
6.79%
Cap Rate
1.1
DSCR
$2,961
Rent
$10
Cashflow
Cash Flow
$2,961 income − $2,951 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,793
Downpayment
20%
$62,660
Closing costs
1%
$3,133
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$2,951
Mortgage P&I
55%
$1,615
Property Taxes
15%
$456
Home Insurance
4%
$110
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0