This property might be a fair Mid-Term investment with a projected 1.07% first-year return on $89,400 initial cash invested.
1.07%
Cash On Cash
7.34%
Cap Rate
1.12
DSCR
$3,436
Rent
$80
Cashflow
Cash Flow
$3,436 income − $3,356 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,436
Total Expenses
$3,356
Mortgage P&I
54%
$1,862
Property Taxes
6%
$208
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378