This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $82,428 initial cash invested.
0.54%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$3,120
Rent
$37
Cashflow
Cash Flow
$3,120 income − $3,083 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,428
Downpayment
20%
$61,360
Closing costs
1%
$3,068
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,120
Total Expenses
$3,083
Mortgage P&I
54%
$1,684
Property Taxes
7%
$222
Home Insurance
4%
$112
HOA
0%
$4
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343