This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $91,311 initial cash invested.
1.27%
Cash On Cash
7.19%
Cap Rate
1.12
DSCR
$3,363
Rent
$97
Cashflow
Cash Flow
$3,363 income − $3,266 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,311
Downpayment
20%
$69,820
Closing costs
1%
$3,491
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,363
Total Expenses
$3,266
Mortgage P&I
55%
$1,861
Property Taxes
8%
$258
Home Insurance
0%
$2
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$370