This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $94,440 initial cash invested.
1.55%
Cash On Cash
7.05%
Cap Rate
1.14
DSCR
$3,448
Rent
$122
Cashflow
Cash Flow
$3,448 income − $3,326 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,440
Downpayment
20%
$72,800
Closing costs
1%
$3,640
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,448
Total Expenses
$3,326
Mortgage P&I
55%
$1,880
Property Taxes
4%
$147
Home Insurance
4%
$127
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379