This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $86,670 initial cash invested.
0.6%
Cash On Cash
6.78%
Cap Rate
1.1
DSCR
$2,973
Rent
$43
Cashflow
Cash Flow
$2,973 income − $2,930 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,670
Downpayment
20%
$65,400
Closing costs
1%
$3,270
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,973
Total Expenses
$2,930
Mortgage P&I
57%
$1,685
Property Taxes
4%
$120
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327