This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $87,426 initial cash invested.
0.25%
Cash On Cash
6.68%
Cap Rate
1.08
DSCR
$2,954
Rent
$18
Cashflow
Cash Flow
$2,954 income − $2,936 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,426
Downpayment
20%
$66,120
Closing costs
1%
$3,306
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,954
Total Expenses
$2,936
Mortgage P&I
58%
$1,703
Property Taxes
4%
$110
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325