This property might be a fair Long-Term investment with a projected 0.27% first-year return on $66,213 initial cash invested.
0.27%
Cash On Cash
6.84%
Cap Rate
1.11
DSCR
$3,358
Rent
$15
Cashflow
Cash Flow
$3,358 income − $3,343 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,213
Downpayment
20%
$63,060
Closing costs
1%
$3,153
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,358
Total Expenses
$3,343
Mortgage P&I
48%
$1,615
Property Taxes
22%
$741
Home Insurance
3%
$114
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0