This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $91,500 initial cash invested.
0.66%
Cash On Cash
7.09%
Cap Rate
1.11
DSCR
$3,706
Rent
$50
Cashflow
Cash Flow
$3,706 income − $3,656 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,706
Total Expenses
$3,656
Mortgage P&I
50%
$1,870
Property Taxes
11%
$404
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408