This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $90,492 initial cash invested.
0.95%
Cash On Cash
6.86%
Cap Rate
1.12
DSCR
$3,452
Rent
$72
Cashflow
Cash Flow
$3,452 income − $3,380 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,492
Downpayment
20%
$69,040
Closing costs
1%
$3,452
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,452
Total Expenses
$3,380
Mortgage P&I
51%
$1,762
Property Taxes
9%
$297
Home Insurance
4%
$122
HOA
1%
$25
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380