This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $81,777 initial cash invested.
0.91%
Cash On Cash
7.22%
Cap Rate
1.12
DSCR
$3,312
Rent
$62
Cashflow
Cash Flow
$3,312 income − $3,250 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,777
Downpayment
20%
$60,740
Closing costs
1%
$3,037
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,312
Total Expenses
$3,250
Mortgage P&I
49%
$1,634
Property Taxes
10%
$316
Home Insurance
3%
$114
HOA
2%
$62
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364