This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $101k initial cash invested.
0.33%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$4,137
Rent
$28
Cashflow
Cash Flow
$4,137 income − $4,109 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,980
Closing costs
1%
$3,949
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,137
Total Expenses
$4,109
Mortgage P&I
52%
$2,160
Property Taxes
10%
$404
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455