This property might be a fair Mid-Term investment with a projected 0.35% first-year return on $95,595 initial cash invested.
0.35%
Cash On Cash
6.98%
Cap Rate
1.08
DSCR
$3,470
Rent
$28
Cashflow
Cash Flow
$3,470 income − $3,442 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,595
Downpayment
20%
$73,900
Closing costs
1%
$3,695
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,470
Total Expenses
$3,442
Mortgage P&I
57%
$1,982
Property Taxes
4%
$151
Home Insurance
4%
$129
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382