This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $90,219 initial cash invested.
0.92%
Cash On Cash
7.42%
Cap Rate
1.12
DSCR
$4,065
Rent
$69
Cashflow
Cash Flow
$4,065 income − $3,996 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,219
Downpayment
20%
$68,780
Closing costs
1%
$3,439
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,065
Total Expenses
$3,996
Mortgage P&I
47%
$1,895
Property Taxes
15%
$596
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447