This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $87,657 initial cash invested.
0.66%
Cash On Cash
7.3%
Cap Rate
1.1
DSCR
$3,406
Rent
$48
Cashflow
Cash Flow
$3,406 income − $3,358 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,657
Downpayment
20%
$66,340
Closing costs
1%
$3,317
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,406
Total Expenses
$3,358
Mortgage P&I
54%
$1,833
Property Taxes
6%
$212
Home Insurance
4%
$124
HOA
1%
$31
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375