This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $99,312 initial cash invested.
1.09%
Cash On Cash
7.34%
Cap Rate
1.13
DSCR
$4,338
Rent
$90
Cashflow
Cash Flow
$4,338 income − $4,248 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,338
Total Expenses
$4,248
Mortgage P&I
48%
$2,103
Property Taxes
12%
$531
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$477