This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $91,752 initial cash invested.
0.34%
Cash On Cash
7.02%
Cap Rate
1.08
DSCR
$3,252
Rent
$26
Cashflow
Cash Flow
$3,252 income − $3,226 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,752
Downpayment
20%
$70,240
Closing costs
1%
$3,512
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,252
Total Expenses
$3,226
Mortgage P&I
58%
$1,899
Property Taxes
4%
$125
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358