This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $91,668 initial cash invested.
1.41%
Cash On Cash
7.34%
Cap Rate
1.13
DSCR
$3,508
Rent
$108
Cashflow
Cash Flow
$3,508 income − $3,400 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,668
Downpayment
20%
$70,160
Closing costs
1%
$3,508
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,508
Total Expenses
$3,400
Mortgage P&I
54%
$1,897
Property Taxes
5%
$179
Home Insurance
4%
$128
HOA
0%
$4
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386