This property might be a fair Long-Term investment with a projected 0.19% first-year return on $61,824 initial cash invested.
0.19%
Cash On Cash
7.11%
Cap Rate
1.09
DSCR
$2,544
Rent
$10
Cashflow
Cash Flow
$2,544 income − $2,534 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,824
Downpayment
20%
$58,880
Closing costs
1%
$2,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,544
Total Expenses
$2,534
Mortgage P&I
63%
$1,607
Property Taxes
8%
$210
Home Insurance
2%
$56
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0