This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $91,962 initial cash invested.
2.56%
Cash On Cash
7.35%
Cap Rate
1.19
DSCR
$3,680
Rent
$196
Cashflow
Cash Flow
$3,680 income − $3,484 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,962
Downpayment
20%
$70,440
Closing costs
1%
$3,522
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,680
Total Expenses
$3,484
Mortgage P&I
49%
$1,815
Property Taxes
3%
$126
Home Insurance
4%
$136
HOA
4%
$156
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405