This property might be a fair Long-Term investment with a projected 3.05% first-year return on $76,629 initial cash invested.
3.05%
Cash On Cash
7.29%
Cap Rate
1.19
DSCR
$3,047
Rent
$195
Cashflow
Cash Flow
$3,047 income − $2,852 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,629
Downpayment
20%
$72,980
Closing costs
1%
$3,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,047
Total Expenses
$2,852
Mortgage P&I
61%
$1,871
Property Taxes
2%
$61
Home Insurance
4%
$128
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0