This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $98,157 initial cash invested.
1.63%
Cash On Cash
7.34%
Cap Rate
1.14
DSCR
$3,774
Rent
$133
Cashflow
Cash Flow
$3,774 income − $3,641 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,157
Downpayment
20%
$76,340
Closing costs
1%
$3,817
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,774
Total Expenses
$3,641
Mortgage P&I
54%
$2,051
Property Taxes
5%
$182
Home Insurance
3%
$125
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415