This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $91,500 initial cash invested.
1.69%
Cash On Cash
7.32%
Cap Rate
1.15
DSCR
$3,766
Rent
$129
Cashflow
Cash Flow
$3,766 income − $3,637 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,766
Total Expenses
$3,637
Mortgage P&I
49%
$1,855
Property Taxes
10%
$379
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414