This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $81,861 initial cash invested.
1.28%
Cash On Cash
6.99%
Cap Rate
1.13
DSCR
$2,816
Rent
$87
Cashflow
Cash Flow
$2,816 income − $2,729 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,861
Downpayment
20%
$60,820
Closing costs
1%
$3,041
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,816
Total Expenses
$2,729
Mortgage P&I
56%
$1,571
Property Taxes
3%
$93
Home Insurance
4%
$107
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$84
Maintenance
4%
$113
Other
11%
$310