This property might be a fair Mid-Term investment with a projected 1% first-year return on $96,309 initial cash invested.
1%
Cash On Cash
7.27%
Cap Rate
1.12
DSCR
$4,138
Rent
$80
Cashflow
Cash Flow
$4,138 income − $4,058 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,309
Downpayment
20%
$74,580
Closing costs
1%
$3,729
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,138
Total Expenses
$4,058
Mortgage P&I
49%
$2,012
Property Taxes
12%
$505
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$455