This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $89,946 initial cash invested.
0.32%
Cash On Cash
6.62%
Cap Rate
1.1
DSCR
$3,580
Rent
$24
Cashflow
Cash Flow
$3,580 income − $3,556 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,946
Downpayment
20%
$68,520
Closing costs
1%
$3,426
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,580
Total Expenses
$3,556
Mortgage P&I
48%
$1,723
Property Taxes
14%
$494
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394