This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $91,563 initial cash invested.
0.09%
Cash On Cash
7.06%
Cap Rate
1.09
DSCR
$4,164
Rent
$7
Cashflow
Cash Flow
$4,164 income − $4,157 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,563
Downpayment
20%
$70,060
Closing costs
1%
$3,503
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,164
Total Expenses
$4,157
Mortgage P&I
45%
$1,886
Property Taxes
17%
$728
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458