This property might be a fair Long-Term investment with a projected 4.59% first-year return on $74,991 initial cash invested.
4.59%
Cash On Cash
7.81%
Cap Rate
1.25
DSCR
$3,624
Rent
$287
Cashflow
Cash Flow
$3,624 income − $3,337 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,991
Downpayment
20%
$71,420
Closing costs
1%
$3,571
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,624
Total Expenses
$3,337
Mortgage P&I
51%
$1,855
Property Taxes
11%
$406
Home Insurance
4%
$135
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0