This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $94,650 initial cash invested.
0.42%
Cash On Cash
6.97%
Cap Rate
1.09
DSCR
$3,700
Rent
$33
Cashflow
Cash Flow
$3,700 income − $3,667 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,700
Total Expenses
$3,667
Mortgage P&I
52%
$1,938
Property Taxes
9%
$343
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407