This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $79,992 initial cash invested.
0.32%
Cash On Cash
7.08%
Cap Rate
1.1
DSCR
$3,300
Rent
$21
Cashflow
Cash Flow
$3,300 income − $3,279 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,992
Downpayment
20%
$59,040
Closing costs
1%
$2,952
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,300
Total Expenses
$3,279
Mortgage P&I
48%
$1,589
Property Taxes
14%
$456
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363