This property might be a fair Mid-Term investment with a projected 1.94% first-year return on $89,484 initial cash invested.
1.94%
Cash On Cash
7.25%
Cap Rate
1.16
DSCR
$3,346
Rent
$145
Cashflow
Cash Flow
$3,346 income − $3,201 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,484
Downpayment
20%
$68,080
Closing costs
1%
$3,404
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,346
Total Expenses
$3,201
Mortgage P&I
53%
$1,778
Property Taxes
5%
$164
Home Insurance
4%
$121
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368