This property might be a fair Mid-Term investment with a projected 2.09% first-year return on $89,379 initial cash invested.
2.09%
Cash On Cash
7.3%
Cap Rate
1.18
DSCR
$3,914
Rent
$156
Cashflow
Cash Flow
$3,914 income − $3,758 expenses = $156 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,379
Downpayment
20%
$67,980
Closing costs
1%
$3,399
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,914
Total Expenses
$3,758
Mortgage P&I
45%
$1,755
Property Taxes
15%
$580
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$117
Maintenance
4%
$157
Other
11%
$431