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
7.29%
Cap Rate
1.08
DSCR
$4,203
Rent
$6
Cashflow
Cash Flow
$4,203 income − $4,197 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$397k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,360
Closing costs
1%
$3,968
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,203
Total Expenses
$4,197
Mortgage P&I
53%
$2,237
Property Taxes
9%
$392
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462