This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $91,479 initial cash invested.
0.29%
Cash On Cash
7.17%
Cap Rate
1.09
DSCR
$3,970
Rent
$22
Cashflow
Cash Flow
$3,970 income − $3,948 expenses = $22 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
$3,970
Total Expenses
$3,948
Mortgage P&I
48%
$1,910
Property Taxes
14%
$566
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437