This property might be a fair Long-Term investment with a projected 0.68% first-year return on $61,614 initial cash invested.
0.68%
Cash On Cash
7.51%
Cap Rate
1.11
DSCR
$2,961
Rent
$35
Cashflow
Cash Flow
$2,961 income − $2,926 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,614
Downpayment
20%
$58,680
Closing costs
1%
$2,934
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$2,926
Mortgage P&I
56%
$1,653
Property Taxes
14%
$400
Home Insurance
3%
$103
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0