This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $98,010 initial cash invested.
0.51%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$3,656
Rent
$42
Cashflow
Cash Flow
$3,656 income − $3,614 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,010
Downpayment
20%
$76,200
Closing costs
1%
$3,810
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,656
Total Expenses
$3,614
Mortgage P&I
57%
$2,085
Property Taxes
4%
$142
Home Insurance
4%
$144
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402