This property might be a fair Long-Term investment with a projected 1.61% first-year return on $67,809 initial cash invested.
1.61%
Cash On Cash
7.4%
Cap Rate
1.14
DSCR
$3,131
Rent
$91
Cashflow
Cash Flow
$3,131 income − $3,040 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,809
Downpayment
20%
$64,580
Closing costs
1%
$3,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,131
Total Expenses
$3,040
Mortgage P&I
56%
$1,743
Property Taxes
11%
$351
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$313
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0