This property might be a fair Long-Term investment with a projected 0.22% first-year return on $121k initial cash invested.
0.22%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$4,857
Rent
$22
Cashflow
Cash Flow
$4,857 income − $4,835 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,857
Total Expenses
$4,835
Mortgage P&I
60%
$2,935
Property Taxes
9%
$436
Home Insurance
4%
$201
HOA
0%
$0
Property Management
10%
$486
CapEx
5%
$243
Vacancy
6%
$291
Maintenance
5%
$243
Other
0%
$0