This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $101k initial cash invested.
1.17%
Cash On Cash
7.36%
Cap Rate
1.12
DSCR
$4,068
Rent
$98
Cashflow
Cash Flow
$4,068 income − $3,970 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,620
Closing costs
1%
$3,931
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,068
Total Expenses
$3,970
Mortgage P&I
53%
$2,150
Property Taxes
7%
$283
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447