This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $93,894 initial cash invested.
1.15%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$3,506
Rent
$90
Cashflow
Cash Flow
$3,506 income − $3,416 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,894
Downpayment
20%
$72,280
Closing costs
1%
$3,614
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,506
Total Expenses
$3,416
Mortgage P&I
56%
$1,979
Property Taxes
5%
$177
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386