This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $90,639 initial cash invested.
3.69%
Cash On Cash
7.81%
Cap Rate
1.23
DSCR
$3,723
Rent
$279
Cashflow
Cash Flow
$3,723 income − $3,444 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,639
Downpayment
20%
$69,180
Closing costs
1%
$3,459
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,723
Total Expenses
$3,444
Mortgage P&I
49%
$1,822
Property Taxes
6%
$234
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410