This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $93,432 initial cash invested.
0.14%
Cash On Cash
7.12%
Cap Rate
1.08
DSCR
$3,603
Rent
$11
Cashflow
Cash Flow
$3,603 income − $3,592 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,432
Downpayment
20%
$71,840
Closing costs
1%
$3,592
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,603
Total Expenses
$3,592
Mortgage P&I
55%
$1,977
Property Taxes
7%
$260
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396