This property might be a fair Long-Term investment with a projected 0.09% first-year return on $83,979 initial cash invested.
0.09%
Cash On Cash
7.15%
Cap Rate
1.1
DSCR
$4,037
Rent
$6
Cashflow
Cash Flow
$4,037 income − $4,031 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,037
Total Expenses
$4,031
Mortgage P&I
54%
$2,174
Property Taxes
17%
$667
Home Insurance
3%
$140
HOA
0%
$0
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$242
Maintenance
5%
$202
Other
0%
$0