This property might be a fair Long-Term investment with a projected 0.13% first-year return on $75,327 initial cash invested.
0.13%
Cash On Cash
7.16%
Cap Rate
1.08
DSCR
$3,120
Rent
$8
Cashflow
Cash Flow
$3,120 income − $3,112 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,327
Downpayment
20%
$71,740
Closing costs
1%
$3,587
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,120
Total Expenses
$3,112
Mortgage P&I
63%
$1,977
Property Taxes
6%
$202
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0