This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $87,447 initial cash invested.
0.05%
Cash On Cash
7.2%
Cap Rate
1.09
DSCR
$3,939
Rent
$4
Cashflow
Cash Flow
$3,939 income − $3,935 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,447
Downpayment
20%
$66,140
Closing costs
1%
$3,307
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,939
Total Expenses
$3,935
Mortgage P&I
46%
$1,821
Property Taxes
15%
$574
Home Insurance
3%
$117
HOA
2%
$83
Property Management
12%
$473
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$433