This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $88,413 initial cash invested.
0.57%
Cash On Cash
6.97%
Cap Rate
1.1
DSCR
$3,370
Rent
$42
Cashflow
Cash Flow
$3,370 income − $3,328 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,413
Downpayment
20%
$67,060
Closing costs
1%
$3,353
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,370
Total Expenses
$3,328
Mortgage P&I
53%
$1,771
Property Taxes
9%
$294
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371