This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $81,945 initial cash invested.
0.6%
Cash On Cash
7.17%
Cap Rate
1.1
DSCR
$3,034
Rent
$41
Cashflow
Cash Flow
$3,034 income − $2,993 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,945
Downpayment
20%
$60,900
Closing costs
1%
$3,045
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,034
Total Expenses
$2,993
Mortgage P&I
55%
$1,658
Property Taxes
6%
$183
Home Insurance
4%
$121
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334