This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $93,789 initial cash invested.
1.56%
Cash On Cash
7.02%
Cap Rate
1.14
DSCR
$3,552
Rent
$122
Cashflow
Cash Flow
$3,552 income − $3,430 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,789
Downpayment
20%
$72,180
Closing costs
1%
$3,609
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,552
Total Expenses
$3,430
Mortgage P&I
52%
$1,848
Property Taxes
7%
$244
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391