This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $92,046 initial cash invested.
1.86%
Cash On Cash
7.14%
Cap Rate
1.16
DSCR
$3,592
Rent
$143
Cashflow
Cash Flow
$3,592 income − $3,449 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,046
Downpayment
20%
$70,520
Closing costs
1%
$3,526
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,592
Total Expenses
$3,449
Mortgage P&I
50%
$1,812
Property Taxes
7%
$258
Home Insurance
4%
$126
HOA
1%
$31
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395