This property might be a fair Long-Term investment with a projected 0.49% first-year return on $56,679 initial cash invested.
0.49%
Cash On Cash
7.18%
Cap Rate
1.11
DSCR
$2,827
Rent
$23
Cashflow
Cash Flow
$2,827 income − $2,804 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,827
Total Expenses
$2,804
Mortgage P&I
51%
$1,450
Property Taxes
19%
$525
Home Insurance
3%
$94
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0