This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $83,919 initial cash invested.
0.49%
Cash On Cash
6.7%
Cap Rate
1.09
DSCR
$2,784
Rent
$34
Cashflow
Cash Flow
$2,784 income − $2,750 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,784
Total Expenses
$2,750
Mortgage P&I
58%
$1,608
Property Taxes
3%
$86
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$306