This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $90,723 initial cash invested.
1.45%
Cash On Cash
7.1%
Cap Rate
1.14
DSCR
$3,656
Rent
$110
Cashflow
Cash Flow
$3,656 income − $3,546 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,723
Downpayment
20%
$69,260
Closing costs
1%
$3,463
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,656
Total Expenses
$3,546
Mortgage P&I
49%
$1,793
Property Taxes
9%
$342
Home Insurance
3%
$122
HOA
1%
$46
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402