This property might be a fair Long-Term investment with a projected 5.03% first-year return on $83,790 initial cash invested.
5.03%
Cash On Cash
7.88%
Cap Rate
1.27
DSCR
$4,277
Rent
$351
Cashflow
Cash Flow
$4,277 income − $3,926 expenses = $351 cash flow
Investment Breakdown
|
Purchase Price
$399k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,790
Downpayment
20%
$79,800
Closing costs
1%
$3,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,277
Total Expenses
$3,926
Mortgage P&I
48%
$2,055
Property Taxes
14%
$618
Home Insurance
3%
$140
HOA
0%
$0
Property Management
10%
$428
CapEx
5%
$214
Vacancy
6%
$257
Maintenance
5%
$214
Other
0%
$0