This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $91,479 initial cash invested.
1.53%
Cash On Cash
7.19%
Cap Rate
1.14
DSCR
$3,464
Rent
$117
Cashflow
Cash Flow
$3,464 income − $3,347 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,464
Total Expenses
$3,347
Mortgage P&I
53%
$1,840
Property Taxes
6%
$202
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381