This property might be a fair Mid-Term investment with a projected 0.01% first-year return on $89,820 initial cash invested.
0.01%
Cash On Cash
7%
Cap Rate
1.07
DSCR
$3,400
Rent
$1
Cashflow
Cash Flow
$3,400 income − $3,399 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,820
Downpayment
20%
$68,400
Closing costs
1%
$3,420
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,400
Total Expenses
$3,399
Mortgage P&I
55%
$1,858
Property Taxes
8%
$263
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374