This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $92,655 initial cash invested.
0.54%
Cash On Cash
7.34%
Cap Rate
1.1
DSCR
$4,002
Rent
$42
Cashflow
Cash Flow
$4,002 income − $3,960 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,655
Downpayment
20%
$71,100
Closing costs
1%
$3,555
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,002
Total Expenses
$3,960
Mortgage P&I
49%
$1,973
Property Taxes
13%
$503
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$480
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$440