This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $98,850 initial cash invested.
1.06%
Cash On Cash
7.24%
Cap Rate
1.11
DSCR
$3,666
Rent
$87
Cashflow
Cash Flow
$3,666 income − $3,579 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,666
Total Expenses
$3,579
Mortgage P&I
57%
$2,089
Property Taxes
3%
$108
Home Insurance
4%
$135
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403