This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $93,600 initial cash invested.
1.82%
Cash On Cash
7.09%
Cap Rate
1.16
DSCR
$3,852
Rent
$142
Cashflow
Cash Flow
$3,852 income − $3,710 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,600
Downpayment
20%
$72,000
Closing costs
1%
$3,600
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,852
Total Expenses
$3,710
Mortgage P&I
48%
$1,830
Property Taxes
12%
$444
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424