This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $92,424 initial cash invested.
1.58%
Cash On Cash
6.97%
Cap Rate
1.15
DSCR
$3,498
Rent
$122
Cashflow
Cash Flow
$3,498 income − $3,376 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,424
Downpayment
20%
$70,880
Closing costs
1%
$3,544
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,498
Total Expenses
$3,376
Mortgage P&I
51%
$1,796
Property Taxes
7%
$243
Home Insurance
4%
$126
HOA
1%
$21
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385