This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $78,606 initial cash invested.
0.7%
Cash On Cash
7.18%
Cap Rate
1.11
DSCR
$3,268
Rent
$46
Cashflow
Cash Flow
$3,268 income − $3,222 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,606
Downpayment
20%
$57,720
Closing costs
1%
$2,886
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,268
Total Expenses
$3,222
Mortgage P&I
47%
$1,549
Property Taxes
14%
$459
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359