This property might be a fair Mid-Term investment with a projected 1.94% first-year return on $98,955 initial cash invested.
1.94%
Cash On Cash
7.49%
Cap Rate
1.16
DSCR
$4,442
Rent
$160
Cashflow
Cash Flow
$4,442 income − $4,282 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,955
Downpayment
20%
$77,100
Closing costs
1%
$3,855
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,442
Total Expenses
$4,282
Mortgage P&I
47%
$2,069
Property Taxes
13%
$562
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489