This property might be a fair Mid-Term investment with a projected 1.9% first-year return on $90,345 initial cash invested.
1.9%
Cash On Cash
7.79%
Cap Rate
1.15
DSCR
$3,891
Rent
$143
Cashflow
Cash Flow
$3,891 income − $3,748 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,345
Downpayment
20%
$68,900
Closing costs
1%
$3,445
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,891
Total Expenses
$3,748
Mortgage P&I
50%
$1,938
Property Taxes
9%
$338
Home Insurance
4%
$148
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428