This property might be a fair Long-Term investment with a projected 1.88% first-year return on $83,055 initial cash invested.
1.88%
Cash On Cash
7.42%
Cap Rate
1.16
DSCR
$4,019
Rent
$130
Cashflow
Cash Flow
$4,019 income − $3,889 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,055
Downpayment
20%
$79,100
Closing costs
1%
$3,955
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,019
Total Expenses
$3,889
Mortgage P&I
53%
$2,113
Property Taxes
14%
$575
Home Insurance
3%
$140
HOA
0%
$16
Property Management
10%
$402
CapEx
5%
$201
Vacancy
6%
$241
Maintenance
5%
$201
Other
0%
$0