This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $90,093 initial cash invested.
1.8%
Cash On Cash
7.43%
Cap Rate
1.15
DSCR
$3,711
Rent
$135
Cashflow
Cash Flow
$3,711 income − $3,576 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,093
Downpayment
20%
$68,660
Closing costs
1%
$3,433
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,711
Total Expenses
$3,576
Mortgage P&I
50%
$1,842
Property Taxes
7%
$278
Home Insurance
5%
$196
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408