This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $81,231 initial cash invested.
0.37%
Cash On Cash
6.82%
Cap Rate
1.09
DSCR
$2,925
Rent
$25
Cashflow
Cash Flow
$2,925 income − $2,900 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,231
Downpayment
20%
$60,220
Closing costs
1%
$3,011
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,925
Total Expenses
$2,900
Mortgage P&I
54%
$1,568
Property Taxes
8%
$229
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322