This property might be a fair Long-Term investment with a projected 3.03% first-year return on $62,979 initial cash invested.
3.03%
Cash On Cash
8.1%
Cap Rate
1.2
DSCR
$3,444
Rent
$159
Cashflow
Cash Flow
$3,444 income − $3,285 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,444
Total Expenses
$3,285
Mortgage P&I
49%
$1,694
Property Taxes
17%
$591
Home Insurance
3%
$105
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0