This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $83,079 initial cash invested.
0.56%
Cash On Cash
7.24%
Cap Rate
1.1
DSCR
$3,150
Rent
$39
Cashflow
Cash Flow
$3,150 income − $3,111 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,150
Total Expenses
$3,111
Mortgage P&I
54%
$1,704
Property Taxes
7%
$212
Home Insurance
3%
$108
HOA
1%
$17
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346