This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $92,550 initial cash invested.
0.45%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$3,630
Rent
$35
Cashflow
Cash Flow
$3,630 income − $3,595 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,630
Total Expenses
$3,595
Mortgage P&I
53%
$1,937
Property Taxes
8%
$296
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399