This property might be a fair Mid-Term investment with a projected 0.69% first-year return on $95,763 initial cash invested.
0.69%
Cash On Cash
7.35%
Cap Rate
1.09
DSCR
$3,500
Rent
$55
Cashflow
Cash Flow
$3,500 income − $3,445 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,763
Downpayment
20%
$74,060
Closing costs
1%
$3,703
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,500
Total Expenses
$3,445
Mortgage P&I
59%
$2,073
Property Taxes
1%
$52
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385