This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $83,961 initial cash invested.
0.5%
Cash On Cash
7.12%
Cap Rate
1.1
DSCR
$3,393
Rent
$35
Cashflow
Cash Flow
$3,393 income − $3,358 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,961
Downpayment
20%
$62,820
Closing costs
1%
$3,141
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,393
Total Expenses
$3,358
Mortgage P&I
50%
$1,693
Property Taxes
13%
$432
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373