This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $93,390 initial cash invested.
1.7%
Cash On Cash
7.46%
Cap Rate
1.14
DSCR
$3,692
Rent
$132
Cashflow
Cash Flow
$3,692 income − $3,560 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,390
Downpayment
20%
$71,800
Closing costs
1%
$3,590
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,692
Total Expenses
$3,560
Mortgage P&I
53%
$1,952
Property Taxes
6%
$224
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406