This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $82,890 initial cash invested.
0.42%
Cash On Cash
6.96%
Cap Rate
1.09
DSCR
$3,052
Rent
$29
Cashflow
Cash Flow
$3,052 income − $3,023 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,890
Downpayment
20%
$61,800
Closing costs
1%
$3,090
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,052
Total Expenses
$3,023
Mortgage P&I
54%
$1,642
Property Taxes
8%
$235
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336