This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $85,431 initial cash invested.
0.65%
Cash On Cash
7.44%
Cap Rate
1.11
DSCR
$3,674
Rent
$46
Cashflow
Cash Flow
$3,674 income − $3,628 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,431
Downpayment
20%
$64,220
Closing costs
1%
$3,211
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,674
Total Expenses
$3,628
Mortgage P&I
49%
$1,798
Property Taxes
13%
$465
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404