This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $82,323 initial cash invested.
0.8%
Cash On Cash
7.31%
Cap Rate
1.11
DSCR
$3,234
Rent
$55
Cashflow
Cash Flow
$3,234 income − $3,179 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,323
Downpayment
20%
$61,260
Closing costs
1%
$3,063
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,234
Total Expenses
$3,179
Mortgage P&I
52%
$1,682
Property Taxes
7%
$214
Home Insurance
6%
$184
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356