This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $95,658 initial cash invested.
1.49%
Cash On Cash
6.98%
Cap Rate
1.15
DSCR
$3,860
Rent
$119
Cashflow
Cash Flow
$3,860 income − $3,741 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,658
Downpayment
20%
$73,960
Closing costs
1%
$3,698
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,860
Total Expenses
$3,741
Mortgage P&I
49%
$1,878
Property Taxes
11%
$418
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$425