This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $78,669 initial cash invested.
0.44%
Cash On Cash
7.05%
Cap Rate
1.09
DSCR
$2,710
Rent
$29
Cashflow
Cash Flow
$2,710 income − $2,681 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,669
Downpayment
20%
$57,780
Closing costs
1%
$2,889
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,710
Total Expenses
$2,681
Mortgage P&I
58%
$1,560
Property Taxes
4%
$96
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298