This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $90,723 initial cash invested.
1.49%
Cash On Cash
7.02%
Cap Rate
1.13
DSCR
$3,123
Rent
$113
Cashflow
Cash Flow
$3,123 income − $3,010 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,723
Downpayment
20%
$69,260
Closing costs
1%
$3,463
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,123
Total Expenses
$3,010
Mortgage P&I
57%
$1,789
Property Taxes
1%
$36
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344