This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $93,453 initial cash invested.
1.45%
Cash On Cash
7.08%
Cap Rate
1.13
DSCR
$3,290
Rent
$113
Cashflow
Cash Flow
$3,290 income − $3,177 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,453
Downpayment
20%
$71,860
Closing costs
1%
$3,593
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$3,177
Mortgage P&I
57%
$1,876
Property Taxes
2%
$66
Home Insurance
3%
$105
HOA
0%
$10
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362