This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $93,012 initial cash invested.
0.05%
Cash On Cash
6.91%
Cap Rate
1.07
DSCR
$3,309
Rent
$4
Cashflow
Cash Flow
$3,309 income − $3,305 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,012
Downpayment
20%
$71,440
Closing costs
1%
$3,572
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,309
Total Expenses
$3,305
Mortgage P&I
58%
$1,922
Property Taxes
4%
$122
Home Insurance
4%
$127
HOA
0%
$10
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364