This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $93,915 initial cash invested.
0.56%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$3,478
Rent
$44
Cashflow
Cash Flow
$3,478 income − $3,434 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,915
Downpayment
20%
$72,300
Closing costs
1%
$3,615
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$3,434
Mortgage P&I
57%
$1,995
Property Taxes
4%
$126
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383