This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $90,261 initial cash invested.
0.37%
Cash On Cash
6.8%
Cap Rate
1.09
DSCR
$3,381
Rent
$28
Cashflow
Cash Flow
$3,381 income − $3,353 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,261
Downpayment
20%
$68,820
Closing costs
1%
$3,441
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,381
Total Expenses
$3,353
Mortgage P&I
53%
$1,786
Property Taxes
9%
$296
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372