This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $92,844 initial cash invested.
0.98%
Cash On Cash
7.39%
Cap Rate
1.11
DSCR
$3,414
Rent
$76
Cashflow
Cash Flow
$3,414 income − $3,338 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,844
Downpayment
20%
$71,280
Closing costs
1%
$3,564
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,414
Total Expenses
$3,338
Mortgage P&I
58%
$1,982
Property Taxes
1%
$48
Home Insurance
4%
$131
HOA
0%
$15
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376