This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $88,413 initial cash invested.
0.14%
Cash On Cash
6.65%
Cap Rate
1.08
DSCR
$3,022
Rent
$10
Cashflow
Cash Flow
$3,022 income − $3,012 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,413
Downpayment
20%
$67,060
Closing costs
1%
$3,353
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,022
Total Expenses
$3,012
Mortgage P&I
57%
$1,728
Property Taxes
5%
$137
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332