This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $89,295 initial cash invested.
1.42%
Cash On Cash
7.35%
Cap Rate
1.13
DSCR
$3,266
Rent
$106
Cashflow
Cash Flow
$3,266 income − $3,160 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,295
Downpayment
20%
$67,900
Closing costs
1%
$3,395
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,266
Total Expenses
$3,160
Mortgage P&I
56%
$1,843
Property Taxes
3%
$84
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359