This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $91,815 initial cash invested.
0.26%
Cash On Cash
7.28%
Cap Rate
1.1
DSCR
$4,394
Rent
$20
Cashflow
Cash Flow
$4,394 income − $4,374 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,815
Downpayment
20%
$70,300
Closing costs
1%
$3,515
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,394
Total Expenses
$4,374
Mortgage P&I
44%
$1,937
Property Taxes
16%
$682
Home Insurance
3%
$124
HOA
3%
$137
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483