This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $79,950 initial cash invested.
0.24%
Cash On Cash
6.64%
Cap Rate
1.08
DSCR
$2,715
Rent
$16
Cashflow
Cash Flow
$2,715 income − $2,699 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,715
Total Expenses
$2,699
Mortgage P&I
56%
$1,507
Property Taxes
6%
$165
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299