This property might be a fair Mid-Term investment with a projected 0.81% first-year return on $98,850 initial cash invested.
0.81%
Cash On Cash
6.7%
Cap Rate
1.12
DSCR
$4,134
Rent
$67
Cashflow
Cash Flow
$4,134 income − $4,067 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,134
Total Expenses
$4,067
Mortgage P&I
46%
$1,917
Property Taxes
15%
$610
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455