This property might be a fair Long-Term investment with a projected 5.91% first-year return on $86,079 initial cash invested.
5.91%
Cash On Cash
7.75%
Cap Rate
1.3
DSCR
$3,719
Rent
$424
Cashflow
Cash Flow
$3,719 income − $3,295 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,079
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,719
Total Expenses
$3,295
Mortgage P&I
55%
$2,037
Property Taxes
4%
$147
Home Insurance
4%
$144
HOA
0%
$0
Property Management
10%
$372
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0