This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $91,143 initial cash invested.
0.45%
Cash On Cash
7.16%
Cap Rate
1.1
DSCR
$3,813
Rent
$34
Cashflow
Cash Flow
$3,813 income − $3,779 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,143
Downpayment
20%
$69,660
Closing costs
1%
$3,483
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,813
Total Expenses
$3,779
Mortgage P&I
50%
$1,890
Property Taxes
12%
$462
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$419