This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $98,850 initial cash invested.
0.1%
Cash On Cash
7.01%
Cap Rate
1.08
DSCR
$3,890
Rent
$8
Cashflow
Cash Flow
$3,890 income − $3,882 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,890
Total Expenses
$3,882
Mortgage P&I
54%
$2,085
Property Taxes
9%
$338
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428