This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $86,649 initial cash invested.
0.55%
Cash On Cash
6.99%
Cap Rate
1.09
DSCR
$2,942
Rent
$40
Cashflow
Cash Flow
$2,942 income − $2,902 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,649
Downpayment
20%
$65,380
Closing costs
1%
$3,269
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,942
Total Expenses
$2,902
Mortgage P&I
59%
$1,746
Property Taxes
1%
$36
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324