This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $91,269 initial cash invested.
1.95%
Cash On Cash
7.46%
Cap Rate
1.15
DSCR
$3,531
Rent
$148
Cashflow
Cash Flow
$3,531 income − $3,383 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,269
Downpayment
20%
$69,780
Closing costs
1%
$3,489
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,531
Total Expenses
$3,383
Mortgage P&I
53%
$1,880
Property Taxes
5%
$175
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388