This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $90,450 initial cash invested.
0.45%
Cash On Cash
7.17%
Cap Rate
1.09
DSCR
$3,430
Rent
$34
Cashflow
Cash Flow
$3,430 income − $3,396 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,430
Total Expenses
$3,396
Mortgage P&I
55%
$1,890
Property Taxes
6%
$218
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377