This property might be a fair Long-Term investment with a projected 0.71% first-year return on $62,769 initial cash invested.
0.71%
Cash On Cash
7.29%
Cap Rate
1.11
DSCR
$2,806
Rent
$37
Cashflow
Cash Flow
$2,806 income − $2,769 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,769
Downpayment
20%
$59,780
Closing costs
1%
$2,989
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,806
Total Expenses
$2,769
Mortgage P&I
58%
$1,638
Property Taxes
10%
$281
Home Insurance
4%
$121
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0