This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $93,327 initial cash invested.
1.71%
Cash On Cash
7.05%
Cap Rate
1.15
DSCR
$3,645
Rent
$133
Cashflow
Cash Flow
$3,645 income − $3,512 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,327
Downpayment
20%
$71,740
Closing costs
1%
$3,587
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,645
Total Expenses
$3,512
Mortgage P&I
50%
$1,827
Property Taxes
9%
$320
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401