This property might be a fair Long-Term investment with a projected 4.25% first-year return on $72,492 initial cash invested.
4.25%
Cash On Cash
8.05%
Cap Rate
1.22
DSCR
$3,283
Rent
$257
Cashflow
Cash Flow
$3,283 income − $3,026 expenses = $257 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,492
Downpayment
20%
$69,040
Closing costs
1%
$3,452
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,283
Total Expenses
$3,026
Mortgage P&I
58%
$1,896
Property Taxes
5%
$151
Home Insurance
4%
$126
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0