This property might be a fair Mid-Term investment with a projected 0.04% first-year return on $92,235 initial cash invested.
0.04%
Cash On Cash
6.93%
Cap Rate
1.08
DSCR
$3,896
Rent
$3
Cashflow
Cash Flow
$3,896 income − $3,893 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,235
Downpayment
20%
$70,700
Closing costs
1%
$3,535
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,896
Total Expenses
$3,893
Mortgage P&I
48%
$1,881
Property Taxes
15%
$581
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429