This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $92,298 initial cash invested.
1.65%
Cash On Cash
7.3%
Cap Rate
1.15
DSCR
$3,932
Rent
$127
Cashflow
Cash Flow
$3,932 income − $3,805 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,298
Downpayment
20%
$70,760
Closing costs
1%
$3,538
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,932
Total Expenses
$3,805
Mortgage P&I
48%
$1,869
Property Taxes
12%
$473
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433