This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $77,829 initial cash invested.
0.08%
Cash On Cash
6.87%
Cap Rate
1.07
DSCR
$2,578
Rent
$5
Cashflow
Cash Flow
$2,578 income − $2,573 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,578
Total Expenses
$2,573
Mortgage P&I
59%
$1,524
Property Taxes
3%
$73
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284