This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $93,306 initial cash invested.
0.95%
Cash On Cash
6.84%
Cap Rate
1.12
DSCR
$3,543
Rent
$74
Cashflow
Cash Flow
$3,543 income − $3,469 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,306
Downpayment
20%
$71,720
Closing costs
1%
$3,586
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,543
Total Expenses
$3,469
Mortgage P&I
52%
$1,827
Property Taxes
9%
$308
Home Insurance
4%
$129
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390