This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $101k initial cash invested.
0.61%
Cash On Cash
7.18%
Cap Rate
1.1
DSCR
$3,885
Rent
$51
Cashflow
Cash Flow
$3,885 income − $3,834 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,600
Closing costs
1%
$3,930
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,885
Total Expenses
$3,834
Mortgage P&I
55%
$2,147
Property Taxes
6%
$227
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427