This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $97,359 initial cash invested.
0.16%
Cash On Cash
6.72%
Cap Rate
1.08
DSCR
$3,744
Rent
$13
Cashflow
Cash Flow
$3,744 income − $3,731 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,359
Downpayment
20%
$75,580
Closing costs
1%
$3,779
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,744
Total Expenses
$3,731
Mortgage P&I
52%
$1,953
Property Taxes
9%
$330
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412