This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $80,013 initial cash invested.
0.07%
Cash On Cash
7.04%
Cap Rate
1.08
DSCR
$2,961
Rent
$5
Cashflow
Cash Flow
$2,961 income − $2,956 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,013
Downpayment
20%
$59,060
Closing costs
1%
$2,953
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,961
Total Expenses
$2,956
Mortgage P&I
54%
$1,609
Property Taxes
8%
$236
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326