This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $91,500 initial cash invested.
0.25%
Cash On Cash
7.07%
Cap Rate
1.08
DSCR
$3,298
Rent
$19
Cashflow
Cash Flow
$3,298 income − $3,279 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,298
Total Expenses
$3,279
Mortgage P&I
58%
$1,910
Property Taxes
4%
$125
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363