This property might be a fair Mid-Term investment with a projected 0.15% first-year return on $64,410 initial cash invested.
0.15%
Cash On Cash
7.34%
Cap Rate
1.08
DSCR
$2,314
Rent
$8
Cashflow
Cash Flow
$2,314 income − $2,306 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,410
Downpayment
20%
$44,200
Closing costs
1%
$2,210
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,314
Total Expenses
$2,306
Mortgage P&I
54%
$1,251
Property Taxes
8%
$188
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255