This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $91,206 initial cash invested.
0.38%
Cash On Cash
6.97%
Cap Rate
1.08
DSCR
$3,087
Rent
$29
Cashflow
Cash Flow
$3,087 income − $3,058 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,206
Downpayment
20%
$69,720
Closing costs
1%
$3,486
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$3,058
Mortgage P&I
61%
$1,874
Property Taxes
0%
$13
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340