This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $78,585 initial cash invested.
0.7%
Cash On Cash
6.8%
Cap Rate
1.1
DSCR
$2,704
Rent
$46
Cashflow
Cash Flow
$2,704 income − $2,658 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,585
Downpayment
20%
$57,700
Closing costs
1%
$2,885
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,704
Total Expenses
$2,658
Mortgage P&I
55%
$1,480
Property Taxes
6%
$156
Home Insurance
4%
$104
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297