This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $87,720 initial cash invested.
0.3%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$4,008
Rent
$22
Cashflow
Cash Flow
$4,008 income − $3,986 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,720
Downpayment
20%
$66,400
Closing costs
1%
$3,320
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,008
Total Expenses
$3,986
Mortgage P&I
46%
$1,827
Property Taxes
17%
$680
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441