This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $81,987 initial cash invested.
0.48%
Cash On Cash
6.8%
Cap Rate
1.1
DSCR
$2,976
Rent
$33
Cashflow
Cash Flow
$2,976 income − $2,943 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,987
Downpayment
20%
$60,940
Closing costs
1%
$3,047
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,976
Total Expenses
$2,943
Mortgage P&I
53%
$1,574
Property Taxes
8%
$241
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327