This property might be a fair Long-Term investment with a projected 0.19% first-year return on $94,500 initial cash invested.
0.19%
Cash On Cash
6.66%
Cap Rate
1.08
DSCR
$3,585
Rent
$15
Cashflow
Cash Flow
$3,585 income − $3,570 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,500
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,585
Total Expenses
$3,570
Mortgage P&I
64%
$2,302
Property Taxes
5%
$179
Home Insurance
4%
$158
HOA
0%
$0
Property Management
10%
$358
CapEx
5%
$179
Vacancy
6%
$215
Maintenance
5%
$179
Other
0%
$0