This property might be a fair Long-Term investment with a projected 0.28% first-year return on $80,031 initial cash invested.
0.28%
Cash On Cash
6.78%
Cap Rate
1.09
DSCR
$3,124
Rent
$19
Cashflow
Cash Flow
$3,124 income − $3,105 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,031
Downpayment
20%
$76,220
Closing costs
1%
$3,811
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,124
Total Expenses
$3,105
Mortgage P&I
63%
$1,979
Property Taxes
6%
$175
Home Insurance
4%
$140
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0