This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $92,991 initial cash invested.
1.15%
Cash On Cash
7.36%
Cap Rate
1.12
DSCR
$3,480
Rent
$89
Cashflow
Cash Flow
$3,480 income − $3,391 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,991
Downpayment
20%
$71,420
Closing costs
1%
$3,571
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,480
Total Expenses
$3,391
Mortgage P&I
56%
$1,961
Property Taxes
3%
$119
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383