This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $91,983 initial cash invested.
1.85%
Cash On Cash
7.39%
Cap Rate
1.16
DSCR
$3,795
Rent
$142
Cashflow
Cash Flow
$3,795 income − $3,653 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,983
Downpayment
20%
$70,460
Closing costs
1%
$3,523
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,795
Total Expenses
$3,653
Mortgage P&I
49%
$1,875
Property Taxes
9%
$357
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417