This property might be a fair Mid-Term investment with a projected 0.35% first-year return on $90,135 initial cash invested.
0.35%
Cash On Cash
6.78%
Cap Rate
1.09
DSCR
$3,470
Rent
$26
Cashflow
Cash Flow
$3,470 income − $3,444 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,135
Downpayment
20%
$68,700
Closing costs
1%
$3,435
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,470
Total Expenses
$3,444
Mortgage P&I
51%
$1,775
Property Taxes
11%
$367
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382