This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $99,228 initial cash invested.
1.56%
Cash On Cash
6.95%
Cap Rate
1.14
DSCR
$3,530
Rent
$129
Cashflow
Cash Flow
$3,530 income − $3,401 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,228
Downpayment
20%
$77,360
Closing costs
1%
$3,868
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$3,401
Mortgage P&I
56%
$1,971
Property Taxes
3%
$90
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388