This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $97,191 initial cash invested.
0.27%
Cash On Cash
7.26%
Cap Rate
1.09
DSCR
$4,281
Rent
$22
Cashflow
Cash Flow
$4,281 income − $4,259 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,281
Total Expenses
$4,259
Mortgage P&I
49%
$2,087
Property Taxes
13%
$535
Home Insurance
4%
$182
HOA
0%
$0
Property Management
12%
$514
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$471