This property might be a fair Long-Term investment with a projected 0.69% first-year return on $56,049 initial cash invested.
0.69%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$2,622
Rent
$32
Cashflow
Cash Flow
$2,622 income − $2,590 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,049
Downpayment
20%
$53,380
Closing costs
1%
$2,669
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,622
Total Expenses
$2,590
Mortgage P&I
55%
$1,444
Property Taxes
14%
$372
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0