This property might be a fair Long-Term investment with a projected 0.15% first-year return on $56,994 initial cash invested.
0.15%
Cash On Cash
6.63%
Cap Rate
1.08
DSCR
$2,144
Rent
$7
Cashflow
Cash Flow
$2,144 income − $2,137 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,994
Downpayment
20%
$54,280
Closing costs
1%
$2,714
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,144
Total Expenses
$2,137
Mortgage P&I
65%
$1,385
Property Taxes
5%
$99
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0