This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $94,566 initial cash invested.
0.36%
Cash On Cash
7.18%
Cap Rate
1.08
DSCR
$3,566
Rent
$28
Cashflow
Cash Flow
$3,566 income − $3,538 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,566
Downpayment
20%
$72,920
Closing costs
1%
$3,646
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,566
Total Expenses
$3,538
Mortgage P&I
56%
$2,012
Property Taxes
5%
$182
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392