This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $94,419 initial cash invested.
0.93%
Cash On Cash
7.31%
Cap Rate
1.12
DSCR
$4,096
Rent
$73
Cashflow
Cash Flow
$4,096 income − $4,023 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,419
Downpayment
20%
$72,780
Closing costs
1%
$3,639
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,096
Total Expenses
$4,023
Mortgage P&I
48%
$1,979
Property Taxes
13%
$542
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451