This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $91,185 initial cash invested.
1.55%
Cash On Cash
7.44%
Cap Rate
1.16
DSCR
$4,509
Rent
$118
Cashflow
Cash Flow
$4,509 income − $4,391 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,185
Downpayment
20%
$69,700
Closing costs
1%
$3,485
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,509
Total Expenses
$4,391
Mortgage P&I
41%
$1,862
Property Taxes
19%
$875
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496