This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $90,597 initial cash invested.
1.13%
Cash On Cash
6.94%
Cap Rate
1.12
DSCR
$3,274
Rent
$85
Cashflow
Cash Flow
$3,274 income − $3,189 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,597
Downpayment
20%
$69,140
Closing costs
1%
$3,457
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,274
Total Expenses
$3,189
Mortgage P&I
54%
$1,784
Property Taxes
5%
$170
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360