This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $91,479 initial cash invested.
1.63%
Cash On Cash
7.11%
Cap Rate
1.16
DSCR
$4,030
Rent
$124
Cashflow
Cash Flow
$4,030 income − $3,906 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,030
Total Expenses
$3,906
Mortgage P&I
44%
$1,788
Property Taxes
16%
$626
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443