This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $94,587 initial cash invested.
1.31%
Cash On Cash
7.12%
Cap Rate
1.13
DSCR
$3,448
Rent
$103
Cashflow
Cash Flow
$3,448 income − $3,345 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,587
Downpayment
20%
$72,940
Closing costs
1%
$3,647
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,448
Total Expenses
$3,345
Mortgage P&I
56%
$1,923
Property Taxes
3%
$115
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379