This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $89,883 initial cash invested.
0.28%
Cash On Cash
7.26%
Cap Rate
1.09
DSCR
$3,712
Rent
$21
Cashflow
Cash Flow
$3,712 income − $3,691 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,883
Downpayment
20%
$68,460
Closing costs
1%
$3,423
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,712
Total Expenses
$3,691
Mortgage P&I
51%
$1,902
Property Taxes
11%
$407
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408