This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $88,308 initial cash invested.
0.14%
Cash On Cash
6.93%
Cap Rate
1.07
DSCR
$3,094
Rent
$10
Cashflow
Cash Flow
$3,094 income − $3,084 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,308
Downpayment
20%
$66,960
Closing costs
1%
$3,348
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,094
Total Expenses
$3,084
Mortgage P&I
58%
$1,799
Property Taxes
3%
$99
Home Insurance
4%
$119
HOA
0%
$15
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340