This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $97,338 initial cash invested.
1.45%
Cash On Cash
7.38%
Cap Rate
1.13
DSCR
$3,813
Rent
$118
Cashflow
Cash Flow
$3,813 income − $3,695 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,338
Downpayment
20%
$75,560
Closing costs
1%
$3,778
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,813
Total Expenses
$3,695
Mortgage P&I
54%
$2,054
Property Taxes
5%
$208
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$419