This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $96,519 initial cash invested.
0.12%
Cash On Cash
7.03%
Cap Rate
1.08
DSCR
$3,676
Rent
$10
Cashflow
Cash Flow
$3,676 income − $3,666 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,519
Downpayment
20%
$74,780
Closing costs
1%
$3,739
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,676
Total Expenses
$3,666
Mortgage P&I
55%
$2,032
Property Taxes
6%
$225
Home Insurance
4%
$131
HOA
1%
$29
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404