This property might be a fair Long-Term investment with a projected 3.95% first-year return on $66,570 initial cash invested.
3.95%
Cash On Cash
7.49%
Cap Rate
1.22
DSCR
$2,816
Rent
$219
Cashflow
Cash Flow
$2,816 income − $2,597 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,570
Downpayment
20%
$63,400
Closing costs
1%
$3,170
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,816
Total Expenses
$2,597
Mortgage P&I
57%
$1,618
Property Taxes
5%
$135
Home Insurance
4%
$111
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0