This property might be a fair Long-Term investment with a projected 1.01% first-year return on $65,100 initial cash invested.
1.01%
Cash On Cash
6.88%
Cap Rate
1.12
DSCR
$2,679
Rent
$55
Cashflow
Cash Flow
$2,679 income − $2,624 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,679
Total Expenses
$2,624
Mortgage P&I
59%
$1,588
Property Taxes
9%
$231
Home Insurance
4%
$108
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0