This property might be a fair Mid-Term investment with a projected 0.04% first-year return on $85,200 initial cash invested.
0.04%
Cash On Cash
6.95%
Cap Rate
1.08
DSCR
$3,428
Rent
$3
Cashflow
Cash Flow
$3,428 income − $3,425 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,428
Total Expenses
$3,425
Mortgage P&I
50%
$1,713
Property Taxes
13%
$435
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377