This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $90,156 initial cash invested.
0.8%
Cash On Cash
7.36%
Cap Rate
1.11
DSCR
$3,818
Rent
$60
Cashflow
Cash Flow
$3,818 income − $3,758 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,156
Downpayment
20%
$68,720
Closing costs
1%
$3,436
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,818
Total Expenses
$3,758
Mortgage P&I
50%
$1,894
Property Taxes
11%
$437
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420