This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $93,075 initial cash invested.
0.55%
Cash On Cash
6.77%
Cap Rate
1.1
DSCR
$3,456
Rent
$43
Cashflow
Cash Flow
$3,456 income − $3,413 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,075
Downpayment
20%
$71,500
Closing costs
1%
$3,575
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,456
Total Expenses
$3,413
Mortgage P&I
53%
$1,836
Property Taxes
8%
$274
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380