This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $89,190 initial cash invested.
0.48%
Cash On Cash
6.97%
Cap Rate
1.09
DSCR
$3,093
Rent
$36
Cashflow
Cash Flow
$3,093 income − $3,057 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,093
Total Expenses
$3,057
Mortgage P&I
59%
$1,810
Property Taxes
2%
$76
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340