This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $91,584 initial cash invested.
0.09%
Cash On Cash
6.68%
Cap Rate
1.08
DSCR
$3,332
Rent
$7
Cashflow
Cash Flow
$3,332 income − $3,325 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,584
Downpayment
20%
$70,080
Closing costs
1%
$3,504
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,332
Total Expenses
$3,325
Mortgage P&I
54%
$1,810
Property Taxes
8%
$260
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367