This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $98,850 initial cash invested.
1.97%
Cash On Cash
7.16%
Cap Rate
1.16
DSCR
$3,729
Rent
$162
Cashflow
Cash Flow
$3,729 income − $3,567 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
6.7%
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
$3,729
Total Expenses
$3,567
Mortgage P&I
53%
$1,987
Property Taxes
5%
$178
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410