This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $90,807 initial cash invested.
0.73%
Cash On Cash
6.79%
Cap Rate
1.11
DSCR
$3,422
Rent
$55
Cashflow
Cash Flow
$3,422 income − $3,367 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,807
Downpayment
20%
$69,340
Closing costs
1%
$3,467
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,422
Total Expenses
$3,367
Mortgage P&I
52%
$1,769
Property Taxes
9%
$315
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376