This property might be a fair Long-Term investment with a projected 0.46% first-year return on $72,534 initial cash invested.
0.46%
Cash On Cash
6.71%
Cap Rate
1.1
DSCR
$2,900
Rent
$28
Cashflow
Cash Flow
$2,900 income − $2,872 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,534
Downpayment
20%
$69,080
Closing costs
1%
$3,454
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,900
Total Expenses
$2,872
Mortgage P&I
61%
$1,759
Property Taxes
8%
$245
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$290
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0