This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $98,136 initial cash invested.
1.93%
Cash On Cash
7.64%
Cap Rate
1.15
DSCR
$3,788
Rent
$158
Cashflow
Cash Flow
$3,788 income − $3,630 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,136
Downpayment
20%
$76,320
Closing costs
1%
$3,816
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,788
Total Expenses
$3,630
Mortgage P&I
56%
$2,120
Property Taxes
2%
$80
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417