This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $93,201 initial cash invested.
0.12%
Cash On Cash
7%
Cap Rate
1.07
DSCR
$3,406
Rent
$9
Cashflow
Cash Flow
$3,406 income − $3,397 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,201
Downpayment
20%
$71,620
Closing costs
1%
$3,581
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,406
Total Expenses
$3,397
Mortgage P&I
57%
$1,944
Property Taxes
4%
$128
Home Insurance
4%
$126
HOA
1%
$41
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375