This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $96,267 initial cash invested.
0.52%
Cash On Cash
7.1%
Cap Rate
1.09
DSCR
$3,615
Rent
$42
Cashflow
Cash Flow
$3,615 income − $3,573 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,267
Downpayment
20%
$74,540
Closing costs
1%
$3,727
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,615
Total Expenses
$3,573
Mortgage P&I
56%
$2,019
Property Taxes
5%
$191
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398