This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $92,319 initial cash invested.
0.45%
Cash On Cash
7.07%
Cap Rate
1.09
DSCR
$3,562
Rent
$35
Cashflow
Cash Flow
$3,562 income − $3,527 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,319
Downpayment
20%
$70,780
Closing costs
1%
$3,539
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,562
Total Expenses
$3,527
Mortgage P&I
54%
$1,909
Property Taxes
7%
$237
Home Insurance
4%
$158
HOA
0%
$13
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392