This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $85,767 initial cash invested.
0.48%
Cash On Cash
6.69%
Cap Rate
1.11
DSCR
$3,520
Rent
$34
Cashflow
Cash Flow
$3,520 income − $3,486 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,767
Downpayment
20%
$64,540
Closing costs
1%
$3,227
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,520
Total Expenses
$3,486
Mortgage P&I
46%
$1,625
Property Taxes
16%
$547
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387