This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $78,984 initial cash invested.
0.55%
Cash On Cash
7.1%
Cap Rate
1.11
DSCR
$3,352
Rent
$36
Cashflow
Cash Flow
$3,352 income − $3,316 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,984
Downpayment
20%
$58,080
Closing costs
1%
$2,904
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,352
Total Expenses
$3,316
Mortgage P&I
46%
$1,549
Property Taxes
16%
$524
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369