This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $89,925 initial cash invested.
0.43%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$3,135
Rent
$32
Cashflow
Cash Flow
$3,135 income − $3,103 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,925
Downpayment
20%
$68,500
Closing costs
1%
$3,425
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,135
Total Expenses
$3,103
Mortgage P&I
56%
$1,749
Property Taxes
5%
$167
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345