This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $78,564 initial cash invested.
0.37%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$2,890
Rent
$24
Cashflow
Cash Flow
$2,890 income − $2,866 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,564
Downpayment
20%
$57,680
Closing costs
1%
$2,884
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,890
Total Expenses
$2,866
Mortgage P&I
55%
$1,597
Property Taxes
6%
$180
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318