This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $87,762 initial cash invested.
0.19%
Cash On Cash
6.89%
Cap Rate
1.09
DSCR
$3,400
Rent
$14
Cashflow
Cash Flow
$3,400 income − $3,386 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,762
Downpayment
20%
$66,440
Closing costs
1%
$3,322
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,400
Total Expenses
$3,386
Mortgage P&I
52%
$1,757
Property Taxes
10%
$354
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374