This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $92,277 initial cash invested.
0.66%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$3,436
Rent
$51
Cashflow
Cash Flow
$3,436 income − $3,385 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,277
Downpayment
20%
$70,740
Closing costs
1%
$3,537
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,436
Total Expenses
$3,385
Mortgage P&I
57%
$1,952
Property Taxes
4%
$140
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378