This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $91,038 initial cash invested.
0.58%
Cash On Cash
6.88%
Cap Rate
1.1
DSCR
$3,555
Rent
$44
Cashflow
Cash Flow
$3,555 income − $3,511 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,038
Downpayment
20%
$69,560
Closing costs
1%
$3,478
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,555
Total Expenses
$3,511
Mortgage P&I
51%
$1,807
Property Taxes
5%
$188
Home Insurance
3%
$122
HOA
5%
$185
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391