This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $84,990 initial cash invested.
0.76%
Cash On Cash
7.21%
Cap Rate
1.1
DSCR
$2,968
Rent
$54
Cashflow
Cash Flow
$2,968 income − $2,914 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,990
Downpayment
20%
$63,800
Closing costs
1%
$3,190
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,968
Total Expenses
$2,914
Mortgage P&I
59%
$1,744
Property Taxes
2%
$49
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326