This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $82,239 initial cash invested.
0.83%
Cash On Cash
7.39%
Cap Rate
1.11
DSCR
$3,208
Rent
$57
Cashflow
Cash Flow
$3,208 income − $3,151 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,239
Downpayment
20%
$61,180
Closing costs
1%
$3,059
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,208
Total Expenses
$3,151
Mortgage P&I
53%
$1,700
Property Taxes
8%
$251
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353