This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $99,900 initial cash invested.
0.32%
Cash On Cash
7.16%
Cap Rate
1.1
DSCR
$4,467
Rent
$27
Cashflow
Cash Flow
$4,467 income − $4,440 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,467
Total Expenses
$4,440
Mortgage P&I
47%
$2,121
Property Taxes
15%
$664
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$491