This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $80,664 initial cash invested.
0.62%
Cash On Cash
7.2%
Cap Rate
1.09
DSCR
$2,836
Rent
$42
Cashflow
Cash Flow
$2,836 income − $2,794 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,664
Downpayment
20%
$59,680
Closing costs
1%
$2,984
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,836
Total Expenses
$2,794
Mortgage P&I
58%
$1,635
Property Taxes
3%
$86
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312