This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $92,550 initial cash invested.
2.26%
Cash On Cash
7.88%
Cap Rate
1.17
DSCR
$4,172
Rent
$174
Cashflow
Cash Flow
$4,172 income − $3,998 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,172
Total Expenses
$3,998
Mortgage P&I
48%
$1,989
Property Taxes
11%
$466
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459