This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $88,896 initial cash invested.
0.03%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$3,824
Rent
$2
Cashflow
Cash Flow
$3,824 income − $3,822 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,896
Downpayment
20%
$67,520
Closing costs
1%
$3,376
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,824
Total Expenses
$3,822
Mortgage P&I
48%
$1,837
Property Taxes
7%
$268
Home Insurance
4%
$166
HOA
7%
$250
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421