This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $95,889 initial cash invested.
1.64%
Cash On Cash
7.53%
Cap Rate
1.14
DSCR
$3,912
Rent
$131
Cashflow
Cash Flow
$3,912 income − $3,781 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,889
Downpayment
20%
$74,180
Closing costs
1%
$3,709
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,912
Total Expenses
$3,781
Mortgage P&I
52%
$2,040
Property Taxes
7%
$291
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$469
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$430