This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $100k initial cash invested.
0.87%
Cash On Cash
6.77%
Cap Rate
1.11
DSCR
$3,686
Rent
$73
Cashflow
Cash Flow
$3,686 income − $3,613 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,360
Closing costs
1%
$3,918
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,686
Total Expenses
$3,613
Mortgage P&I
54%
$1,991
Property Taxes
6%
$224
Home Insurance
4%
$140
HOA
0%
$6
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$111
Maintenance
4%
$147
Other
11%
$405