This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $89,442 initial cash invested.
0.03%
Cash On Cash
6.61%
Cap Rate
1.08
DSCR
$3,476
Rent
$2
Cashflow
Cash Flow
$3,476 income − $3,474 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,442
Downpayment
20%
$68,040
Closing costs
1%
$3,402
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,476
Total Expenses
$3,474
Mortgage P&I
50%
$1,733
Property Taxes
11%
$384
Home Insurance
4%
$122
HOA
2%
$54
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382