This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $84,675 initial cash invested.
0.24%
Cash On Cash
6.66%
Cap Rate
1.08
DSCR
$2,889
Rent
$17
Cashflow
Cash Flow
$2,889 income − $2,872 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,675
Downpayment
20%
$63,500
Closing costs
1%
$3,175
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,889
Total Expenses
$2,872
Mortgage P&I
56%
$1,630
Property Taxes
4%
$128
Home Insurance
4%
$112
HOA
1%
$18
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318