This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $82,470 initial cash invested.
0.68%
Cash On Cash
7.02%
Cap Rate
1.1
DSCR
$2,840
Rent
$47
Cashflow
Cash Flow
$2,840 income − $2,793 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,470
Downpayment
20%
$61,400
Closing costs
1%
$3,070
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,840
Total Expenses
$2,793
Mortgage P&I
58%
$1,634
Property Taxes
2%
$60
Home Insurance
4%
$108
HOA
1%
$25
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$312