This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $89,526 initial cash invested.
0.12%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$3,261
Rent
$9
Cashflow
Cash Flow
$3,261 income − $3,252 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,526
Downpayment
20%
$68,120
Closing costs
1%
$3,406
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,261
Total Expenses
$3,252
Mortgage P&I
57%
$1,859
Property Taxes
5%
$163
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$359