This property might be a fair Mid-Term investment with a projected 1.51% first-year return on $98,619 initial cash invested.
1.51%
Cash On Cash
7.38%
Cap Rate
1.14
DSCR
$4,032
Rent
$124
Cashflow
Cash Flow
$4,032 income − $3,908 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,619
Downpayment
20%
$76,780
Closing costs
1%
$3,839
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,032
Total Expenses
$3,908
Mortgage P&I
52%
$2,077
Property Taxes
8%
$325
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444