This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $84,990 initial cash invested.
0.8%
Cash On Cash
7.3%
Cap Rate
1.1
DSCR
$3,090
Rent
$57
Cashflow
Cash Flow
$3,090 income − $3,033 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,990
Downpayment
20%
$63,800
Closing costs
1%
$3,190
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,090
Total Expenses
$3,033
Mortgage P&I
57%
$1,759
Property Taxes
4%
$110
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340