This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $94,083 initial cash invested.
0.94%
Cash On Cash
6.95%
Cap Rate
1.11
DSCR
$3,302
Rent
$74
Cashflow
Cash Flow
$3,302 income − $3,228 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,083
Downpayment
20%
$72,460
Closing costs
1%
$3,623
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,302
Total Expenses
$3,228
Mortgage P&I
57%
$1,892
Property Taxes
3%
$83
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363