This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $78,690 initial cash invested.
0.4%
Cash On Cash
7.15%
Cap Rate
1.1
DSCR
$3,196
Rent
$26
Cashflow
Cash Flow
$3,196 income − $3,170 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,196
Total Expenses
$3,170
Mortgage P&I
49%
$1,568
Property Taxes
13%
$413
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352