This property might be a fair Mid-Term investment with a projected 3.28% first-year return on $38,055 initial cash invested.
3.28%
Cash On Cash
8.71%
Cap Rate
1.3
DSCR
$1,376
Rent
$104
Cashflow
Cash Flow
$1,376 income − $1,272 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$95,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,055
Downpayment
20%
$19,100
Closing costs
1%
$955
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$1,376
Total Expenses
$1,272
Mortgage P&I
39%
$534
Property Taxes
15%
$203
Home Insurance
5%
$68
HOA
0%
$0
Property Management
12%
$165
CapEx
4%
$55
Vacancy
3%
$41
Maintenance
4%
$55
Other
11%
$151