This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $84,444 initial cash invested.
0.41%
Cash On Cash
6.96%
Cap Rate
1.1
DSCR
$3,478
Rent
$29
Cashflow
Cash Flow
$3,478 income − $3,449 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,444
Downpayment
20%
$63,280
Closing costs
1%
$3,164
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$3,449
Mortgage P&I
48%
$1,666
Property Taxes
14%
$489
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383