This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $83,541 initial cash invested.
0.65%
Cash On Cash
6.85%
Cap Rate
1.1
DSCR
$2,955
Rent
$45
Cashflow
Cash Flow
$2,955 income − $2,910 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,541
Downpayment
20%
$62,420
Closing costs
1%
$3,121
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,955
Total Expenses
$2,910
Mortgage P&I
55%
$1,619
Property Taxes
6%
$172
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325