This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $90,912 initial cash invested.
0.36%
Cash On Cash
7.19%
Cap Rate
1.08
DSCR
$3,351
Rent
$27
Cashflow
Cash Flow
$3,351 income − $3,324 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,912
Downpayment
20%
$69,440
Closing costs
1%
$3,472
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,351
Total Expenses
$3,324
Mortgage P&I
57%
$1,918
Property Taxes
5%
$158
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369