This property might be a fair Mid-Term investment with a projected 0.67% first-year return on $97,170 initial cash invested.
0.67%
Cash On Cash
6.83%
Cap Rate
1.11
DSCR
$4,168
Rent
$54
Cashflow
Cash Flow
$4,168 income − $4,114 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,170
Downpayment
20%
$75,400
Closing costs
1%
$3,770
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,168
Total Expenses
$4,114
Mortgage P&I
46%
$1,924
Property Taxes
15%
$641
Home Insurance
3%
$132
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458