This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $101k initial cash invested.
0.07%
Cash On Cash
6.68%
Cap Rate
1.07
DSCR
$3,540
Rent
$6
Cashflow
Cash Flow
$3,540 income − $3,534 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,200
Closing costs
1%
$3,960
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,540
Total Expenses
$3,534
Mortgage P&I
58%
$2,057
Property Taxes
4%
$128
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$389