This property might be a fair Mid-Term investment with a projected 0.81% first-year return on $99,606 initial cash invested.
0.81%
Cash On Cash
6.57%
Cap Rate
1.1
DSCR
$3,374
Rent
$67
Cashflow
Cash Flow
$3,374 income − $3,307 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,606
Downpayment
20%
$77,720
Closing costs
1%
$3,886
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,374
Total Expenses
$3,307
Mortgage P&I
57%
$1,925
Property Taxes
3%
$95
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371