This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $83,100 initial cash invested.
0.26%
Cash On Cash
7.21%
Cap Rate
1.09
DSCR
$3,426
Rent
$18
Cashflow
Cash Flow
$3,426 income − $3,408 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,426
Total Expenses
$3,408
Mortgage P&I
50%
$1,708
Property Taxes
12%
$427
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377