This property might be a fair Long-Term investment with a projected 6.84% first-year return on $65,919 initial cash invested.
6.84%
Cash On Cash
8.67%
Cap Rate
1.32
DSCR
$3,358
Rent
$376
Cashflow
Cash Flow
$3,358 income − $2,982 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,358
Total Expenses
$2,982
Mortgage P&I
51%
$1,724
Property Taxes
8%
$254
Home Insurance
3%
$114
HOA
1%
$17
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0