This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $99,774 initial cash invested.
0.08%
Cash On Cash
7.1%
Cap Rate
1.08
DSCR
$4,293
Rent
$7
Cashflow
Cash Flow
$4,293 income − $4,286 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,774
Downpayment
20%
$77,880
Closing costs
1%
$3,894
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,293
Total Expenses
$4,286
Mortgage P&I
50%
$2,125
Property Taxes
13%
$561
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472