This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $93,810 initial cash invested.
0.33%
Cash On Cash
7.07%
Cap Rate
1.08
DSCR
$3,458
Rent
$26
Cashflow
Cash Flow
$3,458 income − $3,432 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,810
Downpayment
20%
$72,200
Closing costs
1%
$3,610
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,458
Total Expenses
$3,432
Mortgage P&I
57%
$1,962
Property Taxes
5%
$164
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380