This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $94,062 initial cash invested.
2.04%
Cash On Cash
7.48%
Cap Rate
1.16
DSCR
$3,816
Rent
$160
Cashflow
Cash Flow
$3,816 income − $3,656 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,062
Downpayment
20%
$72,440
Closing costs
1%
$3,622
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,816
Total Expenses
$3,656
Mortgage P&I
51%
$1,946
Property Taxes
7%
$276
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$420