This property might be a fair Mid-Term investment with a projected 0.13% first-year return on $85,200 initial cash invested.
0.13%
Cash On Cash
7.02%
Cap Rate
1.07
DSCR
$2,985
Rent
$9
Cashflow
Cash Flow
$2,985 income − $2,976 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,985
Total Expenses
$2,976
Mortgage P&I
58%
$1,744
Property Taxes
4%
$106
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328