This property might be a fair Mid-Term investment with a projected 0.13% first-year return on $85,137 initial cash invested.
0.13%
Cash On Cash
6.62%
Cap Rate
1.08
DSCR
$2,912
Rent
$9
Cashflow
Cash Flow
$2,912 income − $2,903 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,137
Downpayment
20%
$63,940
Closing costs
1%
$3,197
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,912
Total Expenses
$2,903
Mortgage P&I
56%
$1,640
Property Taxes
6%
$161
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320