This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $91,500 initial cash invested.
1.1%
Cash On Cash
7.52%
Cap Rate
1.13
DSCR
$4,148
Rent
$84
Cashflow
Cash Flow
$4,148 income − $4,064 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,148
Total Expenses
$4,064
Mortgage P&I
47%
$1,942
Property Taxes
14%
$590
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456