This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $99,900 initial cash invested.
0.29%
Cash On Cash
7.18%
Cap Rate
1.09
DSCR
$4,082
Rent
$24
Cashflow
Cash Flow
$4,082 income − $4,058 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,082
Total Expenses
$4,058
Mortgage P&I
53%
$2,147
Property Taxes
10%
$388
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449