This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $92,991 initial cash invested.
0.9%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$4,154
Rent
$70
Cashflow
Cash Flow
$4,154 income − $4,084 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,991
Downpayment
20%
$71,420
Closing costs
1%
$3,571
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,154
Total Expenses
$4,084
Mortgage P&I
48%
$1,981
Property Taxes
14%
$579
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457