This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $89,400 initial cash invested.
1.41%
Cash On Cash
6.96%
Cap Rate
1.13
DSCR
$3,129
Rent
$105
Cashflow
Cash Flow
$3,129 income − $3,024 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$3,024
Mortgage P&I
56%
$1,741
Property Taxes
3%
$101
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344