This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $86,922 initial cash invested.
0.77%
Cash On Cash
6.88%
Cap Rate
1.11
DSCR
$3,243
Rent
$56
Cashflow
Cash Flow
$3,243 income − $3,187 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,922
Downpayment
20%
$65,640
Closing costs
1%
$3,282
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,243
Total Expenses
$3,187
Mortgage P&I
52%
$1,697
Property Taxes
8%
$247
Home Insurance
4%
$117
HOA
1%
$23
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357