This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $90,408 initial cash invested.
0.09%
Cash On Cash
7.19%
Cap Rate
1.08
DSCR
$3,699
Rent
$7
Cashflow
Cash Flow
$3,699 income − $3,692 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,408
Downpayment
20%
$68,960
Closing costs
1%
$3,448
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,699
Total Expenses
$3,692
Mortgage P&I
52%
$1,911
Property Taxes
11%
$401
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407