This property might be a fair Long-Term investment with a projected 0.02% first-year return on $67,641 initial cash invested.
0.02%
Cash On Cash
7.19%
Cap Rate
1.08
DSCR
$2,909
Rent
$1
Cashflow
Cash Flow
$2,909 income − $2,908 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,641
Downpayment
20%
$64,420
Closing costs
1%
$3,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,909
Total Expenses
$2,908
Mortgage P&I
61%
$1,784
Property Taxes
9%
$255
Home Insurance
4%
$113
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$175
Maintenance
5%
$145
Other
0%
$0