This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $84,066 initial cash invested.
0.11%
Cash On Cash
6.84%
Cap Rate
1.08
DSCR
$3,066
Rent
$8
Cashflow
Cash Flow
$3,066 income − $3,058 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,066
Downpayment
20%
$62,920
Closing costs
1%
$3,146
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,066
Total Expenses
$3,058
Mortgage P&I
54%
$1,662
Property Taxes
8%
$241
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337