This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $84,696 initial cash invested.
0.17%
Cash On Cash
6.59%
Cap Rate
1.08
DSCR
$3,022
Rent
$12
Cashflow
Cash Flow
$3,022 income − $3,010 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,696
Downpayment
20%
$63,520
Closing costs
1%
$3,176
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,022
Total Expenses
$3,010
Mortgage P&I
53%
$1,612
Property Taxes
8%
$256
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332