This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $84,864 initial cash invested.
0.2%
Cash On Cash
6.99%
Cap Rate
1.09
DSCR
$3,465
Rent
$14
Cashflow
Cash Flow
$3,465 income − $3,451 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,864
Downpayment
20%
$63,680
Closing costs
1%
$3,184
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,465
Total Expenses
$3,451
Mortgage P&I
49%
$1,703
Property Taxes
11%
$397
Home Insurance
3%
$116
HOA
2%
$56
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381