This property might be a fair Mid-Term investment with a projected 3.34% first-year return on $91,752 initial cash invested.
3.34%
Cash On Cash
7.73%
Cap Rate
1.22
DSCR
$3,676
Rent
$255
Cashflow
Cash Flow
$3,676 income − $3,421 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,676
Total Expenses
$3,421
Mortgage P&I
51%
$1,859
Property Taxes
4%
$160
Home Insurance
3%
$126
HOA
1%
$27
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404