This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $97,191 initial cash invested.
1.28%
Cash On Cash
7.39%
Cap Rate
1.13
DSCR
$4,148
Rent
$104
Cashflow
Cash Flow
$4,148 income − $4,044 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,191
Downpayment
20%
$75,420
Closing costs
1%
$3,771
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,148
Total Expenses
$4,044
Mortgage P&I
49%
$2,051
Property Taxes
11%
$445
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456