This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $97,296 initial cash invested.
0.44%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$3,582
Rent
$36
Cashflow
Cash Flow
$3,582 income − $3,546 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,296
Downpayment
20%
$75,520
Closing costs
1%
$3,776
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,582
Total Expenses
$3,546
Mortgage P&I
58%
$2,072
Property Taxes
3%
$107
Home Insurance
4%
$150
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394