This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $87,531 initial cash invested.
0.95%
Cash On Cash
6.81%
Cap Rate
1.12
DSCR
$3,210
Rent
$69
Cashflow
Cash Flow
$3,210 income − $3,141 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,531
Downpayment
20%
$66,220
Closing costs
1%
$3,311
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,210
Total Expenses
$3,141
Mortgage P&I
52%
$1,683
Property Taxes
8%
$249
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353