This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $95,700 initial cash invested.
0.41%
Cash On Cash
7.34%
Cap Rate
1.1
DSCR
$4,422
Rent
$33
Cashflow
Cash Flow
$4,422 income − $4,389 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,700
Downpayment
20%
$74,000
Closing costs
1%
$3,700
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,422
Total Expenses
$4,389
Mortgage P&I
46%
$2,052
Property Taxes
16%
$703
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486