This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $89,295 initial cash invested.
0.77%
Cash On Cash
7.18%
Cap Rate
1.12
DSCR
$4,196
Rent
$57
Cashflow
Cash Flow
$4,196 income − $4,139 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,295
Downpayment
20%
$67,900
Closing costs
1%
$3,395
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,196
Total Expenses
$4,139
Mortgage P&I
43%
$1,805
Property Taxes
15%
$644
Home Insurance
3%
$122
HOA
3%
$140
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462