This property might be a fair Long-Term investment with a projected 0.49% first-year return on $60,879 initial cash invested.
0.49%
Cash On Cash
7.11%
Cap Rate
1.11
DSCR
$2,992
Rent
$25
Cashflow
Cash Flow
$2,992 income − $2,967 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,992
Total Expenses
$2,967
Mortgage P&I
52%
$1,543
Property Taxes
18%
$543
Home Insurance
3%
$102
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0