This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $98,955 initial cash invested.
1.09%
Cash On Cash
7.28%
Cap Rate
1.12
DSCR
$4,038
Rent
$90
Cashflow
Cash Flow
$4,038 income − $3,948 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,955
Downpayment
20%
$77,100
Closing costs
1%
$3,855
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,038
Total Expenses
$3,948
Mortgage P&I
52%
$2,086
Property Taxes
9%
$348
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$444