This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $95,595 initial cash invested.
0.11%
Cash On Cash
6.7%
Cap Rate
1.08
DSCR
$3,786
Rent
$9
Cashflow
Cash Flow
$3,786 income − $3,777 expenses = $9 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,595
Downpayment
20%
$73,900
Closing costs
1%
$3,695
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,786
Total Expenses
$3,777
Mortgage P&I
50%
$1,903
Property Taxes
8%
$312
Home Insurance
3%
$131
HOA
4%
$145
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$114
Maintenance
4%
$151
Other
11%
$416