This property might be a fair Long-Term investment with a projected 0.72% first-year return on $69,783 initial cash invested.
0.72%
Cash On Cash
6.87%
Cap Rate
1.11
DSCR
$2,948
Rent
$42
Cashflow
Cash Flow
$2,948 income − $2,906 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,783
Downpayment
20%
$66,460
Closing costs
1%
$3,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,948
Total Expenses
$2,906
Mortgage P&I
58%
$1,713
Property Taxes
9%
$275
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$295
CapEx
5%
$147
Vacancy
6%
$177
Maintenance
5%
$147
Other
0%
$0