This property might be a fair Long-Term investment with a projected 5.52% first-year return on $66,129 initial cash invested.
5.52%
Cash On Cash
8.49%
Cap Rate
1.28
DSCR
$3,742
Rent
$304
Cashflow
Cash Flow
$3,742 income − $3,438 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,129
Downpayment
20%
$62,980
Closing costs
1%
$3,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,742
Total Expenses
$3,438
Mortgage P&I
46%
$1,738
Property Taxes
16%
$617
Home Insurance
3%
$110
HOA
0%
$0
Property Management
10%
$374
CapEx
5%
$187
Vacancy
6%
$225
Maintenance
5%
$187
Other
0%
$0