This property might be a fair Long-Term investment with a projected 5.05% first-year return on $80,850 initial cash invested.
5.05%
Cash On Cash
8.3%
Cap Rate
1.26
DSCR
$4,268
Rent
$340
Cashflow
Cash Flow
$4,268 income − $3,928 expenses = $340 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,268
Total Expenses
$3,928
Mortgage P&I
49%
$2,110
Property Taxes
13%
$574
Home Insurance
3%
$135
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$213
Vacancy
6%
$256
Maintenance
5%
$213
Other
0%
$0