This property might be a fair Long-Term investment with a projected 5.87% first-year return on $68,124 initial cash invested.
5.87%
Cash On Cash
8.66%
Cap Rate
1.3
DSCR
$4,144
Rent
$333
Cashflow
Cash Flow
$4,144 income − $3,811 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,124
Downpayment
20%
$64,880
Closing costs
1%
$3,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,144
Total Expenses
$3,811
Mortgage P&I
43%
$1,800
Property Taxes
20%
$818
Home Insurance
3%
$116
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0