This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $90,597 initial cash invested.
1.8%
Cash On Cash
7.52%
Cap Rate
1.15
DSCR
$3,716
Rent
$136
Cashflow
Cash Flow
$3,716 income − $3,580 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,597
Downpayment
20%
$69,140
Closing costs
1%
$3,457
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,716
Total Expenses
$3,580
Mortgage P&I
51%
$1,881
Property Taxes
8%
$313
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$111
Maintenance
4%
$149
Other
11%
$409