This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $93,789 initial cash invested.
0.45%
Cash On Cash
7.25%
Cap Rate
1.09
DSCR
$3,526
Rent
$35
Cashflow
Cash Flow
$3,526 income − $3,491 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,789
Downpayment
20%
$72,180
Closing costs
1%
$3,609
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,526
Total Expenses
$3,491
Mortgage P&I
57%
$2,005
Property Taxes
5%
$159
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388