This property might be a fair Long-Term investment with a projected 0.71% first-year return on $74,277 initial cash invested.
0.71%
Cash On Cash
6.57%
Cap Rate
1.1
DSCR
$2,692
Rent
$44
Cashflow
Cash Flow
$2,692 income − $2,648 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,277
Downpayment
20%
$70,740
Closing costs
1%
$3,537
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,692
Total Expenses
$2,648
Mortgage P&I
65%
$1,758
Property Taxes
2%
$63
Home Insurance
5%
$126
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0