This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $89,484 initial cash invested.
0.55%
Cash On Cash
7.37%
Cap Rate
1.1
DSCR
$3,795
Rent
$41
Cashflow
Cash Flow
$3,795 income − $3,754 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,484
Downpayment
20%
$68,080
Closing costs
1%
$3,404
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,795
Total Expenses
$3,754
Mortgage P&I
50%
$1,897
Property Taxes
12%
$453
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417