This property might be a fair Mid-Term investment with a projected 1.29% first-year return on $91,899 initial cash invested.
1.29%
Cash On Cash
7.23%
Cap Rate
1.13
DSCR
$3,514
Rent
$99
Cashflow
Cash Flow
$3,514 income − $3,415 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,899
Downpayment
20%
$70,380
Closing costs
1%
$3,519
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,514
Total Expenses
$3,415
Mortgage P&I
53%
$1,879
Property Taxes
6%
$200
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$387