This property might be a fair Mid-Term investment with a projected 2.01% first-year return on $92,403 initial cash invested.
2.01%
Cash On Cash
7.65%
Cap Rate
1.15
DSCR
$3,684
Rent
$155
Cashflow
Cash Flow
$3,684 income − $3,529 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,403
Downpayment
20%
$70,860
Closing costs
1%
$3,543
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,684
Total Expenses
$3,529
Mortgage P&I
53%
$1,957
Property Taxes
3%
$103
Home Insurance
3%
$117
HOA
3%
$100
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$111
Maintenance
4%
$147
Other
11%
$405