This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $80,979 initial cash invested.
0.44%
Cash On Cash
7.11%
Cap Rate
1.09
DSCR
$2,956
Rent
$30
Cashflow
Cash Flow
$2,956 income − $2,926 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$2,926
Mortgage P&I
55%
$1,629
Property Taxes
6%
$187
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325