This property might be a fair Long-Term investment with a projected 1.79% first-year return on $62,979 initial cash invested.
1.79%
Cash On Cash
7.51%
Cap Rate
1.15
DSCR
$3,140
Rent
$94
Cashflow
Cash Flow
$3,140 income − $3,046 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,140
Total Expenses
$3,046
Mortgage P&I
52%
$1,625
Property Taxes
16%
$500
Home Insurance
3%
$105
HOA
0%
$0
Property Management
10%
$314
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0