This property might be a fair Mid-Term investment with a projected 1.2% first-year return on $89,358 initial cash invested.
1.2%
Cash On Cash
7.38%
Cap Rate
1.12
DSCR
$3,324
Rent
$89
Cashflow
Cash Flow
$3,324 income − $3,235 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,358
Downpayment
20%
$67,960
Closing costs
1%
$3,398
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,324
Total Expenses
$3,235
Mortgage P&I
56%
$1,869
Property Taxes
3%
$116
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366