This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $87,300 initial cash invested.
0.29%
Cash On Cash
6.7%
Cap Rate
1.08
DSCR
$2,955
Rent
$21
Cashflow
Cash Flow
$2,955 income − $2,934 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,300
Downpayment
20%
$66,000
Closing costs
1%
$3,300
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,955
Total Expenses
$2,934
Mortgage P&I
58%
$1,703
Property Taxes
4%
$110
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325