This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $91,290 initial cash invested.
1.13%
Cash On Cash
6.92%
Cap Rate
1.12
DSCR
$3,231
Rent
$86
Cashflow
Cash Flow
$3,231 income − $3,145 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,290
Downpayment
20%
$69,800
Closing costs
1%
$3,490
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,231
Total Expenses
$3,145
Mortgage P&I
56%
$1,798
Property Taxes
3%
$98
Home Insurance
4%
$122
HOA
1%
$29
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355