This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $91,941 initial cash invested.
1.42%
Cash On Cash
7.06%
Cap Rate
1.13
DSCR
$3,392
Rent
$109
Cashflow
Cash Flow
$3,392 income − $3,283 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,941
Downpayment
20%
$70,420
Closing costs
1%
$3,521
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,392
Total Expenses
$3,283
Mortgage P&I
54%
$1,827
Property Taxes
5%
$176
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373