This property might be a fair Mid-Term investment with a projected 0.22% first-year return on $77,934 initial cash invested.
0.22%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$3,114
Rent
$14
Cashflow
Cash Flow
$3,114 income − $3,100 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,934
Downpayment
20%
$57,080
Closing costs
1%
$2,854
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,114
Total Expenses
$3,100
Mortgage P&I
50%
$1,563
Property Taxes
10%
$325
Home Insurance
3%
$102
HOA
2%
$50
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343