This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $91,773 initial cash invested.
0.44%
Cash On Cash
7.27%
Cap Rate
1.09
DSCR
$3,530
Rent
$34
Cashflow
Cash Flow
$3,530 income − $3,496 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,773
Downpayment
20%
$70,260
Closing costs
1%
$3,513
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$3,496
Mortgage P&I
55%
$1,954
Property Taxes
6%
$218
Home Insurance
4%
$124
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388