This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $82,722 initial cash invested.
0.51%
Cash On Cash
7.17%
Cap Rate
1.09
DSCR
$3,030
Rent
$35
Cashflow
Cash Flow
$3,030 income − $2,995 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,722
Downpayment
20%
$61,640
Closing costs
1%
$3,082
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,030
Total Expenses
$2,995
Mortgage P&I
56%
$1,685
Property Taxes
6%
$170
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333