This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $91,395 initial cash invested.
2.05%
Cash On Cash
7.56%
Cap Rate
1.16
DSCR
$3,730
Rent
$156
Cashflow
Cash Flow
$3,730 income − $3,574 expenses = $156 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,395
Downpayment
20%
$69,900
Closing costs
1%
$3,495
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,730
Total Expenses
$3,574
Mortgage P&I
51%
$1,896
Property Taxes
7%
$251
Home Insurance
3%
$122
HOA
1%
$37
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410