This property might be a fair Long-Term investment with a projected 0.33% first-year return on $71,820 initial cash invested.
0.33%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$3,122
Rent
$20
Cashflow
Cash Flow
$3,122 income − $3,102 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,820
Downpayment
20%
$68,400
Closing costs
1%
$3,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,122
Total Expenses
$3,102
Mortgage P&I
60%
$1,861
Property Taxes
10%
$310
Home Insurance
4%
$120
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0