This property might be a fair Mid-Term investment with a projected 0.35% first-year return on $79,677 initial cash invested.
0.35%
Cash On Cash
6.99%
Cap Rate
1.09
DSCR
$2,961
Rent
$23
Cashflow
Cash Flow
$2,961 income − $2,938 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,677
Downpayment
20%
$58,740
Closing costs
1%
$2,937
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,961
Total Expenses
$2,938
Mortgage P&I
53%
$1,570
Property Taxes
8%
$224
Home Insurance
4%
$105
HOA
1%
$33
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326