This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $93,474 initial cash invested.
2.17%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$3,742
Rent
$169
Cashflow
Cash Flow
$3,742 income − $3,573 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,474
Downpayment
20%
$71,880
Closing costs
1%
$3,594
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,742
Total Expenses
$3,573
Mortgage P&I
52%
$1,961
Property Taxes
6%
$220
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412