This property might be a fair Long-Term investment with a projected 0.16% first-year return on $65,478 initial cash invested.
0.16%
Cash On Cash
7.11%
Cap Rate
1.09
DSCR
$2,864
Rent
$9
Cashflow
Cash Flow
$2,864 income − $2,855 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,478
Downpayment
20%
$62,360
Closing costs
1%
$3,118
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,864
Total Expenses
$2,855
Mortgage P&I
59%
$1,696
Property Taxes
11%
$304
Home Insurance
4%
$111
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0