This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $84,003 initial cash invested.
0.39%
Cash On Cash
7.13%
Cap Rate
1.09
DSCR
$3,290
Rent
$27
Cashflow
Cash Flow
$3,290 income − $3,263 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,003
Downpayment
20%
$62,860
Closing costs
1%
$3,143
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$3,263
Mortgage P&I
52%
$1,708
Property Taxes
10%
$323
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362