This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $92,130 initial cash invested.
1.69%
Cash On Cash
7.37%
Cap Rate
1.14
DSCR
$3,526
Rent
$130
Cashflow
Cash Flow
$3,526 income − $3,396 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,130
Downpayment
20%
$70,600
Closing costs
1%
$3,530
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,526
Total Expenses
$3,396
Mortgage P&I
54%
$1,896
Property Taxes
4%
$135
Home Insurance
4%
$124
HOA
1%
$42
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388