This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $90,492 initial cash invested.
2.47%
Cash On Cash
7.7%
Cap Rate
1.17
DSCR
$3,522
Rent
$186
Cashflow
Cash Flow
$3,522 income − $3,336 expenses = $186 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,492
Downpayment
20%
$69,040
Closing costs
1%
$3,452
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,522
Total Expenses
$3,336
Mortgage P&I
54%
$1,888
Property Taxes
4%
$128
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387