This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $84,192 initial cash invested.
0.8%
Cash On Cash
7.14%
Cap Rate
1.11
DSCR
$3,141
Rent
$56
Cashflow
Cash Flow
$3,141 income − $3,085 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,192
Downpayment
20%
$63,040
Closing costs
1%
$3,152
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,141
Total Expenses
$3,085
Mortgage P&I
54%
$1,694
Property Taxes
7%
$212
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346