This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $82,974 initial cash invested.
0.33%
Cash On Cash
6.95%
Cap Rate
1.08
DSCR
$2,913
Rent
$23
Cashflow
Cash Flow
$2,913 income − $2,890 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,974
Downpayment
20%
$61,880
Closing costs
1%
$3,094
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,913
Total Expenses
$2,890
Mortgage P&I
57%
$1,652
Property Taxes
5%
$140
Home Insurance
4%
$107
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$320