This property might be a fair Mid-Term investment with a projected 0.13% first-year return on $76,506 initial cash invested.
0.13%
Cash On Cash
7.4%
Cap Rate
1.08
DSCR
$2,996
Rent
$8
Cashflow
Cash Flow
$2,996 income − $2,988 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,506
Downpayment
20%
$55,720
Closing costs
1%
$2,786
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,996
Total Expenses
$2,988
Mortgage P&I
53%
$1,591
Property Taxes
9%
$279
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330