This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $91,080 initial cash invested.
0.8%
Cash On Cash
6.78%
Cap Rate
1.11
DSCR
$3,272
Rent
$61
Cashflow
Cash Flow
$3,272 income − $3,211 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,080
Downpayment
20%
$69,600
Closing costs
1%
$3,480
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,272
Total Expenses
$3,211
Mortgage P&I
54%
$1,773
Property Taxes
6%
$203
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360