This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $90,870 initial cash invested.
1.82%
Cash On Cash
7.44%
Cap Rate
1.17
DSCR
$4,366
Rent
$138
Cashflow
Cash Flow
$4,366 income − $4,228 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,870
Downpayment
20%
$69,400
Closing costs
1%
$3,470
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,366
Total Expenses
$4,228
Mortgage P&I
42%
$1,839
Property Taxes
18%
$782
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480