This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $84,759 initial cash invested.
0.25%
Cash On Cash
6.63%
Cap Rate
1.08
DSCR
$2,906
Rent
$18
Cashflow
Cash Flow
$2,906 income − $2,888 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,759
Downpayment
20%
$63,580
Closing costs
1%
$3,179
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,906
Total Expenses
$2,888
Mortgage P&I
56%
$1,622
Property Taxes
5%
$144
Home Insurance
4%
$121
HOA
0%
$13
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320