This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $92,403 initial cash invested.
1.22%
Cash On Cash
7.26%
Cap Rate
1.12
DSCR
$3,424
Rent
$94
Cashflow
Cash Flow
$3,424 income − $3,330 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,403
Downpayment
20%
$70,860
Closing costs
1%
$3,543
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,424
Total Expenses
$3,330
Mortgage P&I
56%
$1,913
Property Taxes
4%
$126
Home Insurance
4%
$126
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377