This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $77,577 initial cash invested.
0.54%
Cash On Cash
7.09%
Cap Rate
1.1
DSCR
$2,841
Rent
$35
Cashflow
Cash Flow
$2,841 income − $2,806 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,577
Downpayment
20%
$56,740
Closing costs
1%
$2,837
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,841
Total Expenses
$2,806
Mortgage P&I
54%
$1,527
Property Taxes
5%
$142
Home Insurance
4%
$102
HOA
2%
$68
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313