This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $90,513 initial cash invested.
0.25%
Cash On Cash
6.63%
Cap Rate
1.09
DSCR
$3,534
Rent
$19
Cashflow
Cash Flow
$3,534 income − $3,515 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,513
Downpayment
20%
$69,060
Closing costs
1%
$3,453
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,534
Total Expenses
$3,515
Mortgage P&I
49%
$1,749
Property Taxes
13%
$443
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389