This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $93,579 initial cash invested.
0.24%
Cash On Cash
6.6%
Cap Rate
1.08
DSCR
$3,285
Rent
$19
Cashflow
Cash Flow
$3,285 income − $3,266 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,579
Downpayment
20%
$71,980
Closing costs
1%
$3,599
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,285
Total Expenses
$3,266
Mortgage P&I
56%
$1,830
Property Taxes
6%
$194
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361