This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $78,879 initial cash invested.
0.03%
Cash On Cash
6.88%
Cap Rate
1.07
DSCR
$2,636
Rent
$2
Cashflow
Cash Flow
$2,636 income − $2,634 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,636
Total Expenses
$2,634
Mortgage P&I
59%
$1,556
Property Taxes
3%
$81
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290