This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $86,040 initial cash invested.
0.66%
Cash On Cash
7.31%
Cap Rate
1.1
DSCR
$3,447
Rent
$47
Cashflow
Cash Flow
$3,447 income − $3,400 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,040
Downpayment
20%
$64,800
Closing costs
1%
$3,240
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,447
Total Expenses
$3,400
Mortgage P&I
52%
$1,788
Property Taxes
9%
$327
Home Insurance
3%
$113
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379