This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $91,500 initial cash invested.
1.78%
Cash On Cash
7.53%
Cap Rate
1.15
DSCR
$3,752
Rent
$136
Cashflow
Cash Flow
$3,752 income − $3,616 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,752
Total Expenses
$3,616
Mortgage P&I
51%
$1,910
Property Taxes
8%
$308
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413