This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $86,040 initial cash invested.
0.53%
Cash On Cash
6.73%
Cap Rate
1.1
DSCR
$3,182
Rent
$38
Cashflow
Cash Flow
$3,182 income − $3,144 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,040
Downpayment
20%
$64,800
Closing costs
1%
$3,240
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$3,144
Mortgage P&I
52%
$1,653
Property Taxes
9%
$297
Home Insurance
4%
$113
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350