This property might be a fair Long-Term investment with a projected 0.64% first-year return on $57,750 initial cash invested.
0.64%
Cash On Cash
6.91%
Cap Rate
1.13
DSCR
$2,979
Rent
$31
Cashflow
Cash Flow
$2,979 income − $2,948 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,979
Total Expenses
$2,948
Mortgage P&I
47%
$1,404
Property Taxes
23%
$673
Home Insurance
3%
$96
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0