This property might be a fair Mid-Term investment with a projected 1.77% first-year return on $91,479 initial cash invested.
1.77%
Cash On Cash
7.51%
Cap Rate
1.15
DSCR
$3,660
Rent
$135
Cashflow
Cash Flow
$3,660 income − $3,525 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$3,525
Mortgage P&I
52%
$1,909
Property Taxes
7%
$250
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403