This property might be a fair Long-Term investment with a projected 0.23% first-year return on $57,435 initial cash invested.
0.23%
Cash On Cash
6.77%
Cap Rate
1.09
DSCR
$2,274
Rent
$11
Cashflow
Cash Flow
$2,274 income − $2,263 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,274
Total Expenses
$2,263
Mortgage P&I
62%
$1,419
Property Taxes
7%
$152
Home Insurance
4%
$101
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0