This property might be a fair Mid-Term investment with a projected 0.15% first-year return on $85,452 initial cash invested.
0.15%
Cash On Cash
6.7%
Cap Rate
1.08
DSCR
$3,096
Rent
$11
Cashflow
Cash Flow
$3,096 income − $3,085 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,452
Downpayment
20%
$64,240
Closing costs
1%
$3,212
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,096
Total Expenses
$3,085
Mortgage P&I
54%
$1,659
Property Taxes
8%
$258
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341