This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $87,258 initial cash invested.
0.32%
Cash On Cash
7.1%
Cap Rate
1.08
DSCR
$3,084
Rent
$23
Cashflow
Cash Flow
$3,084 income − $3,061 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,258
Downpayment
20%
$65,960
Closing costs
1%
$3,298
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,084
Total Expenses
$3,061
Mortgage P&I
59%
$1,805
Property Taxes
3%
$89
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$339