This property might be a fair Mid-Term investment with a projected 0.15% first-year return on $78,459 initial cash invested.
0.15%
Cash On Cash
7.24%
Cap Rate
1.09
DSCR
$3,308
Rent
$10
Cashflow
Cash Flow
$3,308 income − $3,298 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,459
Downpayment
20%
$57,580
Closing costs
1%
$2,879
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,308
Total Expenses
$3,298
Mortgage P&I
48%
$1,595
Property Taxes
15%
$491
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364