This property might be a fair Mid-Term investment with a projected 1.51% first-year return on $92,718 initial cash invested.
1.51%
Cash On Cash
7.8%
Cap Rate
1.14
DSCR
$4,316
Rent
$117
Cashflow
Cash Flow
$4,316 income − $4,199 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,718
Downpayment
20%
$71,160
Closing costs
1%
$3,558
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,316
Total Expenses
$4,199
Mortgage P&I
47%
$2,022
Property Taxes
13%
$580
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$518
CapEx
4%
$173
Vacancy
3%
$129
Maintenance
4%
$173
Other
11%
$475