This property might be a fair Long-Term investment with a projected 0.15% first-year return on $57,414 initial cash invested.
0.15%
Cash On Cash
7.31%
Cap Rate
1.09
DSCR
$2,575
Rent
$7
Cashflow
Cash Flow
$2,575 income − $2,568 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,414
Downpayment
20%
$54,680
Closing costs
1%
$2,734
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,575
Total Expenses
$2,568
Mortgage P&I
59%
$1,529
Property Taxes
11%
$281
Home Insurance
3%
$88
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0