This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $90,324 initial cash invested.
2.31%
Cash On Cash
7.45%
Cap Rate
1.18
DSCR
$3,790
Rent
$174
Cashflow
Cash Flow
$3,790 income − $3,616 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,324
Downpayment
20%
$68,880
Closing costs
1%
$3,444
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,790
Total Expenses
$3,616
Mortgage P&I
48%
$1,811
Property Taxes
11%
$410
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417