This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $84,276 initial cash invested.
0.75%
Cash On Cash
7.29%
Cap Rate
1.11
DSCR
$3,486
Rent
$53
Cashflow
Cash Flow
$3,486 income − $3,433 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,276
Downpayment
20%
$63,120
Closing costs
1%
$3,156
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,486
Total Expenses
$3,433
Mortgage P&I
50%
$1,726
Property Taxes
12%
$413
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$105
Maintenance
4%
$139
Other
11%
$383