This property might be a fair Long-Term investment with a projected 1.68% first-year return on $61,467 initial cash invested.
1.68%
Cash On Cash
7.3%
Cap Rate
1.15
DSCR
$2,807
Rent
$86
Cashflow
Cash Flow
$2,807 income − $2,721 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,807
Total Expenses
$2,721
Mortgage P&I
55%
$1,555
Property Taxes
12%
$332
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0