This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $97,737 initial cash invested.
1.03%
Cash On Cash
7.16%
Cap Rate
1.12
DSCR
$3,744
Rent
$84
Cashflow
Cash Flow
$3,744 income − $3,660 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,737
Downpayment
20%
$75,940
Closing costs
1%
$3,797
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,744
Total Expenses
$3,660
Mortgage P&I
54%
$2,031
Property Taxes
6%
$218
Home Insurance
4%
$136
HOA
0%
$2
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412