This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $78,690 initial cash invested.
0.47%
Cash On Cash
6.93%
Cap Rate
1.09
DSCR
$2,788
Rent
$31
Cashflow
Cash Flow
$2,788 income − $2,757 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,788
Total Expenses
$2,757
Mortgage P&I
55%
$1,527
Property Taxes
6%
$179
Home Insurance
4%
$101
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307