This property might be a fair Long-Term investment with a projected 0.48% first-year return on $75,579 initial cash invested.
0.48%
Cash On Cash
7.05%
Cap Rate
1.11
DSCR
$3,441
Rent
$30
Cashflow
Cash Flow
$3,441 income − $3,411 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,579
Downpayment
20%
$71,980
Closing costs
1%
$3,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,441
Total Expenses
$3,411
Mortgage P&I
56%
$1,911
Property Taxes
15%
$516
Home Insurance
3%
$90
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0