This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $84,507 initial cash invested.
0.58%
Cash On Cash
6.88%
Cap Rate
1.1
DSCR
$3,130
Rent
$41
Cashflow
Cash Flow
$3,130 income − $3,089 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,507
Downpayment
20%
$63,340
Closing costs
1%
$3,167
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,130
Total Expenses
$3,089
Mortgage P&I
53%
$1,651
Property Taxes
8%
$260
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344