This property might be a fair Long-Term investment with a projected 3.57% first-year return on $71,190 initial cash invested.
3.57%
Cash On Cash
7.53%
Cap Rate
1.24
DSCR
$3,863
Rent
$212
Cashflow
Cash Flow
$3,863 income − $3,651 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,863
Total Expenses
$3,651
Mortgage P&I
45%
$1,721
Property Taxes
21%
$807
Home Insurance
3%
$119
HOA
0%
$0
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0