This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $90,954 initial cash invested.
1.12%
Cash On Cash
7.5%
Cap Rate
1.13
DSCR
$4,302
Rent
$85
Cashflow
Cash Flow
$4,302 income − $4,217 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,954
Downpayment
20%
$69,480
Closing costs
1%
$3,474
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,302
Total Expenses
$4,217
Mortgage P&I
45%
$1,915
Property Taxes
17%
$718
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473