This property might be a fair Mid-Term investment with a projected 1% first-year return on $92,466 initial cash invested.
1%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$4,244
Rent
$77
Cashflow
Cash Flow
$4,244 income − $4,167 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,466
Downpayment
20%
$70,920
Closing costs
1%
$3,546
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,244
Total Expenses
$4,167
Mortgage P&I
47%
$1,983
Property Taxes
14%
$615
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467