This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $101k initial cash invested.
0.09%
Cash On Cash
6.91%
Cap Rate
1.07
DSCR
$3,663
Rent
$8
Cashflow
Cash Flow
$3,663 income − $3,655 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,240
Closing costs
1%
$3,962
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,663
Total Expenses
$3,655
Mortgage P&I
58%
$2,125
Property Taxes
4%
$143
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403