This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $99,123 initial cash invested.
0.85%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$3,957
Rent
$70
Cashflow
Cash Flow
$3,957 income − $3,887 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,123
Downpayment
20%
$77,260
Closing costs
1%
$3,863
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,957
Total Expenses
$3,887
Mortgage P&I
53%
$2,101
Property Taxes
8%
$301
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435