This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $83,415 initial cash invested.
0.23%
Cash On Cash
7%
Cap Rate
1.1
DSCR
$3,564
Rent
$16
Cashflow
Cash Flow
$3,564 income − $3,548 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,415
Downpayment
20%
$62,300
Closing costs
1%
$3,115
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,564
Total Expenses
$3,548
Mortgage P&I
46%
$1,657
Property Taxes
11%
$397
Home Insurance
3%
$116
HOA
5%
$165
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392