This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $96,876 initial cash invested.
1.62%
Cash On Cash
6.91%
Cap Rate
1.16
DSCR
$4,038
Rent
$131
Cashflow
Cash Flow
$4,038 income − $3,907 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,876
Downpayment
20%
$75,120
Closing costs
1%
$3,756
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,038
Total Expenses
$3,907
Mortgage P&I
46%
$1,869
Property Taxes
13%
$529
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$444