This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $89,862 initial cash invested.
1.95%
Cash On Cash
7.82%
Cap Rate
1.16
DSCR
$3,936
Rent
$146
Cashflow
Cash Flow
$3,936 income − $3,790 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,862
Downpayment
20%
$68,440
Closing costs
1%
$3,422
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,936
Total Expenses
$3,790
Mortgage P&I
49%
$1,926
Property Taxes
10%
$396
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433