This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $87,174 initial cash invested.
0.48%
Cash On Cash
7.17%
Cap Rate
1.09
DSCR
$3,380
Rent
$35
Cashflow
Cash Flow
$3,380 income − $3,345 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,174
Downpayment
20%
$65,880
Closing costs
1%
$3,294
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,380
Total Expenses
$3,345
Mortgage P&I
53%
$1,798
Property Taxes
4%
$144
Home Insurance
3%
$116
HOA
4%
$138
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372