This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $92,907 initial cash invested.
0.05%
Cash On Cash
6.74%
Cap Rate
1.09
DSCR
$4,014
Rent
$4
Cashflow
Cash Flow
$4,014 income − $4,010 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,907
Downpayment
20%
$71,340
Closing costs
1%
$3,567
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,014
Total Expenses
$4,010
Mortgage P&I
46%
$1,839
Property Taxes
17%
$674
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$120
Maintenance
4%
$161
Other
11%
$442