This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $92,004 initial cash invested.
2.18%
Cash On Cash
7.69%
Cap Rate
1.17
DSCR
$4,028
Rent
$167
Cashflow
Cash Flow
$4,028 income − $3,861 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,004
Downpayment
20%
$70,480
Closing costs
1%
$3,524
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,028
Total Expenses
$3,861
Mortgage P&I
48%
$1,930
Property Taxes
11%
$440
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443