This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $98,388 initial cash invested.
1.66%
Cash On Cash
7.33%
Cap Rate
1.14
DSCR
$3,694
Rent
$136
Cashflow
Cash Flow
$3,694 income − $3,558 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,388
Downpayment
20%
$76,560
Closing costs
1%
$3,828
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,694
Total Expenses
$3,558
Mortgage P&I
56%
$2,054
Property Taxes
3%
$112
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406