This property might be a fair Long-Term investment with a projected 0.49% first-year return on $58,674 initial cash invested.
0.49%
Cash On Cash
7.05%
Cap Rate
1.1
DSCR
$2,475
Rent
$24
Cashflow
Cash Flow
$2,475 income − $2,451 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,674
Downpayment
20%
$55,880
Closing costs
1%
$2,794
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,475
Total Expenses
$2,451
Mortgage P&I
60%
$1,494
Property Taxes
9%
$212
Home Insurance
4%
$101
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0