This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $95,280 initial cash invested.
0.89%
Cash On Cash
7.24%
Cap Rate
1.11
DSCR
$3,582
Rent
$71
Cashflow
Cash Flow
$3,582 income − $3,511 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,280
Downpayment
20%
$73,600
Closing costs
1%
$3,680
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,582
Total Expenses
$3,511
Mortgage P&I
56%
$2,005
Property Taxes
4%
$140
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394