This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $90,534 initial cash invested.
1.62%
Cash On Cash
7.73%
Cap Rate
1.15
DSCR
$4,268
Rent
$122
Cashflow
Cash Flow
$4,268 income − $4,146 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,534
Downpayment
20%
$69,080
Closing costs
1%
$3,454
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,268
Total Expenses
$4,146
Mortgage P&I
45%
$1,932
Property Taxes
15%
$632
Home Insurance
3%
$122
HOA
0%
$9
Property Management
12%
$512
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$469