This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $92,340 initial cash invested.
0.77%
Cash On Cash
6.84%
Cap Rate
1.11
DSCR
$3,429
Rent
$59
Cashflow
Cash Flow
$3,429 income − $3,370 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,429
Total Expenses
$3,370
Mortgage P&I
53%
$1,823
Property Taxes
8%
$258
Home Insurance
4%
$124
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377