This property might be a fair Long-Term investment with a projected 0.72% first-year return on $79,800 initial cash invested.
0.72%
Cash On Cash
6.94%
Cap Rate
1.11
DSCR
$3,332
Rent
$48
Cashflow
Cash Flow
$3,332 income − $3,284 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,800
Downpayment
20%
$76,000
Closing costs
1%
$3,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,332
Total Expenses
$3,284
Mortgage P&I
60%
$1,984
Property Taxes
9%
$300
Home Insurance
4%
$133
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0